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THE UNITED STATES/
WINNIPEG, Dec. 19, 2013 /CNW/ - Boyd Group Income Fund (TSX: BYD.UN)
("the Fund", "the Boyd Group" or "Boyd") today announced that S&P Dow
Jones Canadian Index Services has added the Boyd Group to the S&P/TSX
Canadian Dividend Aristocrats Index as part of its annual review. The
change is effective after the close of trading on Friday, December 20,
2013.
"Our addition to the S&P/TSX Canadian Dividend Aristocrats Index enables
us to broaden our reach to investors as well as providing enhanced
liquidity for our units," stated Brock Bulbuck, President and Chief
Executive Officer of the Boyd Group. "Our inclusion in the index is
recognition of our continued efforts to deliver value to our
unitholders."
About The Boyd Group Inc.
The Boyd Group Inc. is the largest operator of non-franchised collision
repair centres in North America by number of locations. The Company
operates locations in five Canadian provinces under the trade name Boyd
Autobody & Glass (http://www.boydautobody.com), as well as in 15 U.S. states under the trade names Gerber Collision &
Glass (http://www.gerbercollision.com) and Hansen Collision and Glass. The Company is a major retail auto
glass operator in the U.S. with operations across 28 U.S. states under
the trade names Gerber Collision & Glass, Glass America, Auto Glass
Services, Auto Glass Only, Auto Glass Authority, S&L Glass and Hansen
Auto Glass. The Company also operates Gerber National Glass Services,
an auto glass repair and replacement referral business with
approximately 3,000 affiliated service providers throughout the U.S.
under the "Gerber National Glass Services" name. For more information
on The Boyd Group Inc. or Boyd Group Income Fund, please visit our
website at (http://www.boydgroup.com).
About The Boyd Group Income Fund
The Boyd Group Income Fund is an unincorporated, open-ended mutual fund
trust created for the purposes of acquiring and holding certain
investments, including a majority interest in The Boyd Group Inc. and
its subsidiaries. The Boyd Group Income Fund units trade on the Toronto
Stock Exchange (TSX) under the symbol BYD.UN.
Caution concerning forward-looking statements
Statements made in this press release, other than those concerning
historical financial information, may be forward-looking and therefore
subject to various risks and uncertainties. Some forward-looking
statements may be identified by words like "may", "will", "anticipate",
"estimate", "expect", "intend", or "continue" or the negative thereof
or similar variations. Readers are cautioned not to place undue
reliance on such statements, as actual results may differ materially
from those expressed or implied in such statements. Factors that could
cause results to vary include, but are not limited to: ability to
successfully complete paint supply arrangement restructuring on an
accretive basis; dependence upon The Boyd Group Inc. and its
Subsidiaries; cash distributions not guaranteed; inability to
successfully integrate acquisitions; economic downturn; operational
performance; rapid growth; loss of key customers; brand management and
reputation; insurance risk; quality of corporate governance; tax
position risk; risk of litigation; acquisition risk; credit &
refinancing risks; dependence on key personnel; employee relations;
decline in number of insurance claims; market environment change;
reliance on technology; weather conditions; expansion into new markets;
fluctuations in operating results and seasonality; increased government
regulation and tax risk; Canadian tax related risk; execution on new
strategies; operating hazards; energy costs; U.S. health care costs and
workers compensation claims; low capture rates; key supplier
relationships; capital expenditures; competition; potential undisclosed
liabilities associated with acquisitions; foreign currency risk; margin
pressure; acquisition and start-up growth and ongoing access to
capital; environmental, health and safety risk; interest rates;
unitholder liability limitation and the Fund's success in anticipating
and managing the foregoing risks.
We caution that the foregoing list of factors is not exhaustive and that
when reviewing our forward-looking statements, investors and others
should refer to the "Risk Factors" section of the Fund's Annual
Information Form, the "Risks and Uncertainties" and other sections of
our Management's Discussion and Analysis of Operating Results and
Financial Position and our other periodic filings with Canadian
securities regulatory authorities. All forward-looking statements
presented herein should be considered in conjunction with such filings.
SOURCE Boyd Group Income Fund
