Rocky Mountain Dealerships Inc. has bought certain assets of Agritrac Equipment Ltd., a Case IH agriculture dealership with locations in Westlock, Vegreville and Barrhead, Alta. The acquisition was funded with cash and 55,066 common shares.
Stories by Helen Popper
Debentures issued
Rocky Mountain Dealerships Inc. has an agreement with a syndicate of underwriters co-led by National Bank Financial and RBC Capital Markets to buy 30,000 convertible unsecured subordinated debentures at a price of $1,000 per debenture, representing an aggregate issue of $30 million. The debentures pay seven percent per year.