McCoy Global Inc. announced the closing of a sale-leaseback transaction of its Cedar Park, Texas production and service facility. The real estate was sold for proceeds of $9.0 million (USD 6.7 million) resulting in an estimated gain on sale of $5.5 million. Following the sale, the Corporation entered into a 5-year initial term lease agreement for the facility, with a 5-year renewal option.
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5-day change | 1st Jan Change | ||
2 CAD | -3.38% | +2.04% | -3.85% |
May. 10 | McCoy Global Q1 Profit Up 85%, Revenue Falls 2%; Declares Dividend | MT |
May. 10 | McCoy Global Brief: Q1 Net earnings increased 85% to $1.0 million | MT |
1st Jan change | Capi. | |
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-3.85% | 41.06M | |
-6.93% | 68.94B | |
+4.50% | 33.61B | |
-3.16% | 33.04B | |
+32.27% | 11.6B | |
+27.23% | 9.15B | |
-5.10% | 7.51B | |
+17.37% | 6.5B | |
+51.23% | 6.13B | |
+49.30% | 5.66B |
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- McCoy Global Inc. Announces Closing of Sale-Leaseback Transaction