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Diversified Royalty Corp T.DIV

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

Diversified Royalty Corp. is a multi-royalty company. The Company is engaged in acquiring royalties from multi-location businesses and franchisors in North America. It owns Mr. Lube + Tires, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademarks. Mr. Lube + Tires is the quick lube service business in Canada, with locations across Canada. AIR MILES is a coalition loyalty program. Sutton is a residential real estate brokerage franchisor business in Canada. Mr. Mikes operates casual steakhouse restaurants in western Canadian communities. Nurse Next Door is a home care provider. Oxford Learning Centres is a franchisee supplemental education service. Stratus Building Solutions is a commercial cleaning service franchise company providing comprehensive environmentally friendly janitorial, building cleaning, and office cleaning services in the United States. BarBurrito is a quick-service Mexican restaurant food chain.


TSX:DIV - Post by User

Bullboard Posts
Comment by hipfneron Nov 01, 2018 2:31pm
69 Views
Post# 28909635

RE:RE:RE:RE:RE:RE:Sell off has a lot do with margin calls

RE:RE:RE:RE:RE:RE:Sell off has a lot do with margin callsThe Keg was owned by a private corp. KEG.un owns the trademarks, for which they get an annual fee from the corp. The corp. is now owned by Cara (renamed Recipes Unlimited). KEG.un still exists and was totally unafffected by the buyout. I own KEG.un shares.

Correct that The Keg Restaurant would NOT have been a target. Diversified looks for (typically) family-owned businesses that want money and minimal interference from the lender (unless the company gets into trouble). This hands-off approach is attractive to businesses looking to expand without having to sell shares or warrants to the investors.


Bullboard Posts