Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) (TSE:RBA) on March 3 issued the following statement regarding the support it is receiving from many shareholders, including among the Company’s largest shareholders, as well as industry analysts on its acquisition of IAA, Inc. (NYSE:IAA):
Vontobel Asset Management, which owns 2.15% of Ritchie Bros. shares, has joined many other Ritchie Bros.’ shareholders, including a number of our largest shareholders, in publicly supporting the IAA acquisition.
We thank Ritchie Bros. shareholders for their strong support, which has been expressed both publicly and in our private conversations.
This shareholder support, the positive commentary from independent third-party industry
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