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AutoCanada Inc T.ACQ

Alternate Symbol(s):  AOCIF

AutoCanada Inc. is a Canada-based multi-location franchised automobile dealership company. The Company offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, extended service contracts, vehicle protection products, after-market products and auction services. The Company also arranges financing and insurance for vehicles purchased by its customers through third-party finance and insurance sources. Its segments include Canadian Operations and U.S. Operations. It operates 83 franchised dealerships, comprising of 28 brands, in eight provinces in Canada as well as a group in Illinois, United States of America. It sells Chrysler, Dodge, Jeep, Ram, FIAT, Alfa Romeo, Chevrolet, GMC, Buick, Cadillac, Ford, Infiniti, Nissan, Hyundai, Subaru, Audi, Volkswagen, Kia, Mazda, Mercedes-Benz, BMW, MINI, Volvo, Toyota, Lincoln, Acura, and Honda brands.


TSX:ACQ - Post by User

Comment by OptsyEagleon Jan 20, 2022 12:42pm
82 Views
Post# 34338002

RE:RE:AutoCanada Offers Senior Notes

RE:RE:AutoCanada Offers Senior NotesWhatever the interest rate is today it is probably a lot better then it would be a year or two from now, so its a good thing to get done now.  Put the money in the bank.  Close on the new acquisitions.  Show the market how much money can be made with the opportunities available to a company in their situation...or let an American Dealer Consolidator just come in and steal it all away from us by buying ACQ with just a big premium to today's low stock price.  That would be the bad scenerio.
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