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AutoCanada Inc T.ACQ

Alternate Symbol(s):  AOCIF

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

Comment by OptsyEagleon Jan 20, 2022 12:42pm
102 Views
Post# 34338002

RE:RE:AutoCanada Offers Senior Notes

RE:RE:AutoCanada Offers Senior NotesWhatever the interest rate is today it is probably a lot better then it would be a year or two from now, so its a good thing to get done now.  Put the money in the bank.  Close on the new acquisitions.  Show the market how much money can be made with the opportunities available to a company in their situation...or let an American Dealer Consolidator just come in and steal it all away from us by buying ACQ with just a big premium to today's low stock price.  That would be the bad scenerio.
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