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Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s):  SIRZF

Consumer Cyclical Restaurants
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

Sir Royalty Income Fund > 2.5 offers on the table
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Comment by jcw604on Jan 30, 2021 10:51am
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Post# 32428083

RE:RE:RE:RE:RE:2.5 offers on the table

RE:RE:RE:RE:RE:2.5 offers on the table
If the market were soon trading above 4.25, Jane Food would likely get no shares. Now, 4.25 probably becomes the low end of price for any future trading days. As I have said earlier, it would be far better that they simply go to the market to get as many shares as they see the stock is worth and then announce a buyout at a fair price to avoid competing offers. That will be that only way that they can get it and with a certain portion of it at cheaper prices.
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