Luxor comments on preliminary ritchie bros merger vote

New york--(business wire)--luxor capital group, lp (“luxor”), as the manager of funds owning 4.7 million shares of ritchie bros. auctioneers incorporated (nyse: rba) (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: iaa) (the “iaa merger”), in connection with the march 14, 2023 special meeting of shareholders.
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