Articles Tagged with ''cervus''

Cervus Equipment Enters into Agreements to Acquire Five John Deere Dealership Branches in New Zealand

Cervus Equipment Corporation ("Cervus") (TSX: CVL) today announced that it has entered into Purchase and Sales Agreements with Bayquip Agricultural Limited and Fieldpower Northland Limited to acquire a total of five John Deere dealership branches in New Zealand. Cervus also announced that it has signed a memorandum of understanding (MOU) to acquire all of the remaining shares of Agriturf Limited that it does not already own.
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How Cervus Got Its Name

While many dealerships take on the name of the city, county or state where they're located, others take on the family name of its founders. But the story behind how Cervus Equipment got its name doesn't follow any of these traditions.
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Cervus CEO Borrows $10.2 Million from Company to Facilitate Change to His RRSP

Cervus Equipment Corp. says it has provided a $10.2-million short-term loan to its chief executive officer, Peter Lacey, who is also the company's largest shareholder, president and chairman of its board. The farm equipment dealer said the loan will assist Lacey and a member of his family in reorganizing their registered retirement savings plans, following amendments to tax rules announced by the federal government on June 16.
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Ag Equipment Intelligence

Canadian Dealerships Show Mixed Results in 1Q

Two publicly held Canadian dealerships — Cervus Equipment Corp. (“CVL” – John Deere) and Rocky Mountain Dealerships (“RME” – Case IH & New Holland) — issued first-quarter earnings reports on May 11. According to Raymond James Ltd. analyst Ben Cherniavsky, one hit the mark while the other didn’t live up to expectations.
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