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Ritchie Bros. Mails Letter to Shareholders Regarding IAA Acquisition

VANCOUVER, BC,  - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA) ("Ritchie Bros.") today issued the following letter reinforcing the outstanding value creation opportunity presented by the acquisition of IAA, Inc. (NYSE: IAA) ("IAA") and highlighting support the Company is receiving from many shareholders and independent third-party industry analysts.

The Company's Special Meeting of Shareholders to vote on proposals necessary to complete the IAA acquisition is scheduled for March 14, 2023. The letter, which is also being mailed to shareholders, and additional materials related to the Special Meeting can be found at www.RBASpecialMeeting.com.

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No-Till vs Tillage: Why Neighboring Fields Are World Apart

Video: No-Till vs Tillage: Why Neighboring Fields Are World Apart

“No-till means no yield.”

“No-till soils get too hard.”

But here’s the real story — straight from two fields, same soil, same region, totally different outcomes.

Ray Archuleta of Kiss the Ground and Common Ground Film lays it out simply:

Tillage is intrusive.

No-till can compact — but only when it’s missing living roots.

Cover crops are the difference-maker.

In one field:

No-till + covers ? dark soil, aggregates, biology, higher organic matter, fewer weeds.

In the other:

Heavy tillage + no covers ? starving soil, low diversity, more weeds, fragile structure.

The truth about compaction?

Living plants fix it.

Living roots leak carbon, build aggregates, feed microbes, and rebuild structure — something steel never can.

Ready to go deeper into the research behind no-till yields, rotations, and profitability?