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Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s):  SIRZF

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.


TSX:SRV.UN - Post by User

Comment by flamingogoldon Feb 15, 2021 7:48pm
58 Views
Post# 32570085

RE:RE:The buyout price for the royalty fund

RE:RE:The buyout price for the royalty fundSo whoever wants control will have to pay up. Explains the language SIR Corp has been using.

logicandinertia wrote: In Canada, you need more than 2/3rds, not just a simple majority, as per takeover law.  

In other words, don't hold your breath...


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