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Bullboard - Stock Discussion Forum 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... see more

TSX:SRV.UN - Post Discussion

Sir Royalty Income Fund > Independent Trustees Comment on Janes offer
View:
Post by BlueJay2020 on Feb 08, 2021 4:19pm

Independent Trustees Comment on Janes offer

Basically saying we are not going to tell you to reject it (but reject it)...
Comment by lostcauses on Feb 08, 2021 9:19pm
The press release also indicates that Janes is committed to working with the Independent Trustees of the Fund to seek out every alternative that can maximize value for all unitholders, but the Independent Trustees note that Janes has not approached them in that regard. So they (Janes) lied in their press release..... Also it would be most helpful to unit owners if the trustees and SIR made a ...more  
Comment by BlueJay2020 on Feb 08, 2021 9:51pm
Yes, once again I am very impressed by the Independent Trustees we have working for us.  They have stuck it directly to Janes in this release, and indirectly done the same to SIr Corp.  if $4.75 is not an offer they can recommend then $3.55 certainly isn't! I agree that we need to hear from Sir Corp now - and on a number of matters.The problem is that they have a conflict of ...more  
Sir Royalty Income Fund
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