03/14/23 5:00 PMNYSE : IAA, RBA Ancora Issues Statement Regarding Shareholders’ Approval of the IAA and Ritchie Bros. CombinationAncora Holdings Group, LLC, which is the beneficial owner of approximately 4% of the outstanding shares of IAA, Inc. and 0.5% of the outstanding shares of Ritchie Bros. Auctioneers Incorporated, today applauded the approval of the companies’ combination. Fredrick D. DiSanto, Chairman and Chief Executive Officer of Ancora, and James Chadwick, President of Ancora...RHEA-AIneutral
03/14/23 12:27 PMNYSE : IAA, RBA acquisitionIAA Announces Stockholder Approval of Merger Agreement with Ritchie Bros.IAA, Inc. today announced that its stockholders have adopted the previously announced merger agreement providing for the stock and cash acquisition of the Company by Ritchie Bros. Auctioneers Incorporated at the Special Meeting of IAA Stockholders held earlier today. J.P. Morgan Securities LLC is serving as the exclusive financial advisor to IAA. Cooley...RHEA-AIpositive
03/14/23 11:52 AMNYSE : RBA, IAA acquisitionRitchie Bros. Shareholders Vote to Approve IAA Acquisition at Special Meeting-Ritchie Bros. Auctioneers Incorporated announced that, based on the preliminary vote count provided by its proxy solicitors following the Company's Special Meeting of Shareholders held earlier today, Ritchie Bros. shareholders voted to approve the proposed acquisition of IAA, Inc.. Operating in a number of sectors, including construction, transportation,...RHEA-AIvery positive
03/13/23 10:55 AMNYSE : RBA, IAA Ritchie Bros. Issues StatementThe substantial value created under Ritchie Bros.' current Board of Directors and management team shows that shareholders should look to the future, not the past. Ritchie Bros. is very different from the small family-run traditional auction business that Mr. Ritchie co-founded in Kelowna, British Columbia in 1958. Ritchie Bros. today is a trusted global...RHEA-AIneutral
03/13/23 8:00 AMNYSE : RBA, IAA acquisitionLuxor Responds to Letter From Ritchie Bros. Co-Founder and Former President & COO to Stop IAA MergerLuxor Capital Group, LP, as the manager of funds owning 4.7 million shares of Ritchie Bros. Auctioneers Incorporated, representing approximately 4.2% of the Company’ s outstanding shares, today responded to a letter released by David E Ritchie, RBA Co-Founder, Former Chairman and Director, and C Russell Cmolik, Former President, COO and Director, calling on RBA...RHEA-AIneutral
03/13/23 12:56 AMNYSE : RBA, IAA acquisitionRitchie Bros. Co-Founder and Former President & COO Speak Out Against Merger With IAA-David E Ritchie, Co-Founder, Former Chairman and Director; and C Russell Cmolik, Former President and Director of Ritchie Bros. Auctioneers Incorporated, released a letter to shareholders of Ritchie Bros., in connection with the proposed merger with IAA, Inc.:. As fellow shareholders of Ritchie Bros. we write to you with deep concern for the great Company we began...RHEA-AIneutral
03/10/23 12:50 PMNYSE : RBA, IAA acquisitionLuxor Comments on Preliminary Ritchie Bros Merger VoteLuxor Capital Group, LP, as the manager of funds owning 4.7 million shares of Ritchie Bros. Auctioneers Incorporated, representing approximately 4.2% of the Company’ s outstanding shares, today announced that preliminary results, as of the proxy deadline and tabulated by Luxor’ s proxy solicitor, show that approximately 43 million shares or 46% of votes cast,...RHEA-AIneutral
03/08/23 8:37 AMNYSE : RBA, IAA acquisitionLuxor Reminds Ritchie Bros. Shareholders of Deadline to Vote Against Value Destructive Merger With IAALuxor Capital Group, LP, as the manager of funds owning 4.7 million shares of Ritchie Bros. Auctioneers Incorporated, representing approximately 4.2% of the Company’ s outstanding shares, today released a letter to its fellow RBA shareholders highlighting key reasons to vote AGAINST the proposed merger with IAA, Inc.. The Full Text of the Letter Follows:.RHEA-AIneutral
03/07/23 5:02 PMNYSE : RBA, IAA acquisitionRitchie Bros. Urges Shareholders to Vote Today "FOR" Proposed Acquisition of IAA-Ritchie Bros. Auctioneers Incorporated today reiterated the Board of Directors' unanimous recommendation that Ritchie Bros.' shareholders vote " FOR" all proposals listed on the WHITE proxy card in connection with the upcoming Special Meeting of Shareholders related to the acquisition of IAA, Inc.. In addition, Ritchie Bros. stated that independent proxy...RHEA-AIvery positive
03/06/23 6:12 PMNYSE : IAA, RBA IAA Issues Statement on Glass Lewis and ISS ReportsIAA, Inc. today announced that proxy advisory firms Glass, Lewis& Co. and Institutional Shareholder Services recommend that IAA stockholders vote to adopt the merger agreement and thereby approve Ritchie Bros. The positive recommendations from Glass Lewis and ISS build on the support received from IAA’ s stockholders for the transaction with Ritchie Bros.RHEA-AIneutral
