NEW YORK, Nov. 7, 2022 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by IAA, Inc. (NYSE: IAA) and its board of directors concerning the proposed acquisition of the company by Ritchie Bros. Auctioneers Incorporated (NYSE: RBA). Stockholders will receive $10.00 in cash and 0.5804 shares of Ritchie Bros. Auctioneers common stock for each share of IAA stock that they hold. The transaction is valued at approximately $7.3 billion and is expected to close in the first half of 2023.
If you are a stockholder of IAA, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at:
http://www.rowleylawpllc.com/investigation/iaa/. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com.
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SOURCE Rowley Law PLLC
