Ritchie Bros. shareholders approve acquisition of IAA Inc. - BNN Bloomberg

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Ritchie Bros. Auctioneers Inc. says its shareholders approved the company's deal to buy U.S. automotive salvage company IAA Inc. at a meeting Tuesday that caps months of criticism since the acquisition was announced in November.

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Ritchie Bros. shareholders approve acquisition of IAA Inc. at special meetingSeveral Ritchie Bros. shareholders had expressed concerns about the deal and had made it clear they planned to vote against it.
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