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IAA drops as proxy advisers recommend Ritchie Bros. holders vote against deal (update)

Mar. 06, 2023 11:30 AM ETRB Global, Inc. (RBA:CA) Stock, RBA StockBy: Joshua Fineman, SA News Editor1 Comment

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Update 11:30am: Adds Ritchie Bros. comment.

IAA Inc. (NYSE:IAA) fell 7.7% after proxy advisers recommended that Ritchie Bros. (NYSE:RBA) shareholders should vote against the company's planned takeover. Ritchie Bros. rose 4%.

Proxy adviser ISS and Glass

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