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KEG Royalties Income Fund T.KEG.UN

Alternate Symbol(s):  KRIUF

The Keg Royalties Income Fund (the Fund) is a limited-purpose open-ended trust. The Fund’s objective is to provide consistent monthly distributions to unitholders at the highest sustainable level. The Fund, through its subsidiary The Keg Rights Limited Partnership (the Partnership), purchased The Keg trademarks and other related intellectual property (the Keg Rights) from Keg Restaurants Ltd. (KRL). The business of the Partnership is the ownership of the Keg Rights and, through a License and Royalty Agreement with KRL to exploit the use of the Keg Rights and the collection of the royalty payable under the License and Royalty Agreement equal to 4% of gross sales of Keg restaurants included in a specific pool (the Royalty Pool). KRL’s principal activity is the operation and franchising of Keg steakhouse and bar restaurants in Canada and the United States. The Keg GP Ltd. is the general partner of the partnership and administrator of the Fund.


TSX:KEG.UN - Post by User

Comment by flamingogoldon Sep 15, 2023 4:25pm
100 Views
Post# 35639022

RE:RE:RE:RE:RE:Likely to test $14

RE:RE:RE:RE:RE:Likely to test $14Fowler was way off base with his lowball offfer. An offer here in the $12's + premium on the other hand would not be considered opportunistic. When looking at an historical chart, the $12 range is technically a long term support level broken only by covid and the financial crises. Of course I could be totally wrong, wouldn't be the first time either.

Robsopinion wrote: I pardon your parden :)
welcome Gents.
As far as the low ball offers go, remember what happened when SRV (Fowler) tried to be too oppertunistic. A bid too low and the shareholders balk, laying a solid ground floor into the unit price.There would have to be a decent premium here, shareholders know that Fairfax has deep pockets.


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