Majority of Ritchie Bros. shareholders vote in favor of IAA deal-sources

RB Global (Ontario)

10/03/2023 17:18

NEW YORK, March 10 (Reuters) - A majority of Canada's
Ritchie Bros.  RBA.TO  shareholders have voted in favor of the
company buying U.S. auto retailer IAA  IAA.N  in a deal that is
valued at roughly $7 billion according to a preliminary tally of
votes, people familiar with the count said.

 (Reporting by Svea Herbst-Bayliss)
 ((svea.herbst@thomsonreuters.com; +617 856 4331; Reuters
Messaging: svea.herbst.thomsonreuters.com@reuters.net))