Articles from Luxor Capital Group
Luxor Responds to Letter From Ritchie Bros. Co-Founder and Former President & COO to Stop IAA Merger
Luxor Capital Group, LP (“Luxor”), as the manager of funds owning 4.7 million shares of Ritchie Bros. Auctioneers Incorporated (NYSERBA) (TSX: RBA) (“RBA” or the “Company”), 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 shareholders to defeat the proposed merger with IAA, Inc. NYSE: IAANYSEIAA)
By Luxor Capital Group · Via Business Wire · March 13, 2023
Luxor Comments on Preliminary Ritchie Bros Merger Vote
Luxor Capital Group, LP (“Luxor”), as the manager of funds owning 4.7 million shares of Ritchie Bros. Auctioneers Incorporated (NYSERBA) (TSX: RBA) (“RBA” or the “Company”), 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, voted to defeat the proposed merger with IAA, Inc. NYSE: IAANYSEIAA)
By Luxor Capital Group · Via Business Wire · March 10, 2023
Luxor Reminds Ritchie Bros. Shareholders of Deadline to Vote Against Value Destructive Merger With IAA
Luxor Capital Group, LP (“Luxor”), as the manager of funds owning 4.7 million shares of Ritchie Bros. Auctioneers Incorporated (NYSERBA) (TSX: RBA) (“RBA” or the “Company”), 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. NYSE: IAANYSEIAA)
By Luxor Capital Group · Via Business Wire · March 8, 2023
Luxor Capital: Ritchie Bros.’s Debt Raise Confirms Recent Convertible Financing was Off-Market and Entirely Unnecessary
Luxor Capital Group, LP (“Luxor”), as the manager of funds owning 4.7 million shares of Ritchie Bros. Auctioneers Incorporated (NYSERBA) (TSX: RBA) (“RBA” or, “Ritchie Bros.”, or the “Company”), representing approximately 4.2% of the Company’s outstanding shares, commented today on the Company’s recent debt financing.
By Luxor Capital Group · Via Business Wire · March 1, 2023