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AutoCanada Inc T.ACQ

Alternate Symbol(s):  AOCIF

Consumer Cyclical Auto & Truck Dealerships
AutoCanada Inc. is a Canada-based multi-location franchised automobile dealership company. It offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services. Its segments include Canadian Operations and U.S. Operations. It operates about 82 franchised dealerships, comprised of 28 brands, in eight provinces in Canada as well as a group in Illinois, United States. It sells Acura, Alfa Romeo, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, FIAT, Ford, GMC, Honda, Hyundai, Infiniti, Jeep, Kia, Lincoln, Mazda, Mercedes-Benz, MINI, Nissan, Porsche, Ram, Subaru, Toyota, Volkswagen, and Volvo branded vehicles. Its Canadian Operations segment operates three used vehicle dealerships and one used vehicle auction business supporting the Used Digital Division, 13 RightRide division locations, and 11 stand-alone collision centers within its group of 27 collision centers.


TSX:ACQ - Post by User

AutoCanada Inc
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Comment by msillusionon Aug 14, 2014 5:35pm
252 Views
Post# 22843939

RE:RE:RE:My Opinion

RE:RE:RE:My Opinion
The secondary offering was closed on July 11 priced at $78. I don't know if there is a holding period. All the buyers of the secondary are losing $ as the SP had been trading below $78 since. Are they not smart enough to weigh the risks?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities