ISS and Glass Lewis Both Recommend Ritchie Bros. Shareholders Vote AGAINST IAA MergerISS Recommends Shareholders Vote Against the IAA Merger Citing Better Standalone Path, Deal Risks, Strategic Rationale, Board Credibility and Deal Process
Luxor Capital Responds to Ritchie Bros.’s Deceptive Claims in New PresentationIssues Comprehensive Take Down of the Most Blatantly False and Misleading Claims from the Company’s Investor Presentation Regarding the Value Destructive Merger with IAA
Luxor Capital Releases Presentation to Fellow Ritchie Bros. ShareholdersPresentation Details Why Shareholders Should Vote AGAINST RBA’s Ill-Advised, Self-Serving and Value-Destructive Merger With IAA
Luxor Capital Comments on “Restructured” Ritchie Bros. Proposed Merger with IAAPerpetual Preferred Security Being Issued Transfers US$145 Million of Value to a Non-Shareholder at the Expense of Existing Common Shareholders
Luxor Capital Issues Open Letter to Board of Ritchie Bros. on Ill-Advised Proposed Acquisition of IAADetails Serious Concerns with Proposed IAA Merger, including the Undervaluation of RBA Shares, the Potential Erosion of RBA Business Quality, the Dilution of RBA Shareholders, and the Business Outlook of IAA
