Dec. 5, 2019—Boyd Group Income Fund (“the Fund”, or “the Boyd Group”) announced this week that unit-holders have voted in favor of a new structural plan.
The arrangement will result in the conversion of the Fund from an income trust to a public corporation named “Boyd Group Services Inc.”, which will continue the business of The Boyd Group Inc. and its subsidiaries as one of the largest operators of non-franchised collision repair centers in North America in terms of number of locations and sales.
Subject to the satisfaction or waiver of all conditions to the arrangement, the arrangement is anticipated to be effective January 1.
