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

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Comment by SurfForWealthon Nov 26, 2003 12:01pm

126 Views

Post# 6701430

RE: Takeover?

Looks like another astute move by BEV. Acquire tax credits worth more than the cost of the transaction & pick some some technology that expands their offering, increases their revenue & helps them win bids. Well done! This is similar to the MRR acq they did for $60K. I have followed ELI very loosely over the years, they have been a very distressed company but have some neat technology. Cheers!!!

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