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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 wildrunner11on Feb 15, 2021 12:35pm
112 Views
Post# 32568521

RE:RE:The buyout price for the royalty fund

RE:RE:The buyout price for the royalty fund<p>
jcw604 wrote: <br /> I think a reasonable price will be around 6.5 to 7. Anything higher than that will not make much sense for the buyer, because the pre-pendamic price is only 8-ish, unless it views the possession of the fund being a very good negotiation vehicle for getting the private company.
<br /> &nbsp;</p> <p> I&#39;

l'm actually happy Jane was not able to buy the full additional amount of shares, it worried me with Sir owning 20% and if Jane owned 20 % they would only need 10% to get control of the trust. So with Jane now having 13% it would take 17% to get control of the trust, a little bit more. If Jane and Sir come to some agreement we would not have much influence.&nbsp;
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