03:29 PM EST - Boyd Group Income Fund : announced that its wholly owned subsidiary, The Boyd Group (U.S.) Inc., has signed a definitive agreement and concurrently closed, effective June 2, the acquisition of Collex Collision Experts Inc. and Collex Collision Experts of Florida Inc. , which own and operate 16 collision repair centres in Michigan and Florida. The acquisition is expected to be immediately accretive to the Fund's earnings and cash flow. Collex generated sales of approximately $46 million U.S. for the trailing twelve months ended January 2014. Boyd Group Income Fund
units T.BYD.UN are trading up $1.26 at $45.01.
