Diversified Royalty Corp T.DIV

Alternate Symbol(s): BEVFF | T.DIV.DB.A

Consumer Cyclical Auto & Truck Dealerships

Diversified Royalty Corp. is a multi-royalty company. The Company is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. The Company owns Mr. Lube, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademark. Mr. Lube is the quick lube service business in Canada, with locations across Canada. Mr. Mikes operates casual steakhouse restaurants primarily in western Canadian communities. Nurse Next Door is North America’s growing home care provider with locations across Canada and the United States as well as in Australia. Oxford Learning Centres is a franchised supplemental education service. Stratus Building Solutions is a commercial cleaning service franchise company providing janitorial, building cleaning, and office cleaning services primarily in the United States. BarBurrito is a quick-service Mexican restaurant chain.

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Diversified Royalty Corp > BMO will own Air Miles as of June 01, 2023

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Comment by Dadsaid2on May 19, 2023 1:00pm

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Post# 35456750

RE:BMO will own Air Miles as of June 01, 2023

I doubt BMO will want to continue to pay DIV the AIR MILES royalty and will buy it out including the Trademark. I would think that is being negociated right now. Hopefully DIV gets a decent price for the buyout and then uses the cash to buy another royalty or paydown debt or even pay a special dividend. I think by not commenting on the whole thing, DIV is doing the right thing. Quiet is good when it comes to negociations.

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