This Slide: #12 of 37 |
Slide #12. Service Corporation International — Stewart Enterprises, Inc.
Acquirer:
Service Corporation International (SCI)
Acquiree:
Stewart Enterprises, Inc. (STEI)
Details:
Service Corporation International (NYSE: SCI) announced that today it has completed its acquisition of Stewart Enterprises, Inc. (Nasdaq GS: STEI). Under the terms of the merger agreement, each outstanding share of Stewarts' common stock has been converted into the right to receive $13.25 in cash. As a result of the acquisition, the common stock of Stewart will cease to be publicly traded and will no longer be listed on the Nasdaq Stock Market.
Service Corporation International is a holding company. Through its subsidiaries, Co. is a provider of deathcare products and services, with a network of funeral service locations and cemeteries unequaled in geographic scale and reach. Co.'s funeral service locations provide various other services related to funerals and cremations, including the use of funeral home facilities and motor vehicles, arranging and directing services, removal, preparation, embalming, cremations, memorialization, and catering. Co.'s cemeteries provide cemetery property interment rights, including developed lots, lawn crypts, mausoleum spaces, niches, and other cremation memorialization and interment options.
SCI SEC Filing Email Alerts Service
Open the SCI Page at The Online Investor »
Service Corporation International is a holding company. Through its subsidiaries, Co. is a provider of deathcare products and services, with a network of funeral service locations and cemeteries unequaled in geographic scale and reach. Co.'s funeral service locations provide various other services related to funerals and cremations, including the use of funeral home facilities and motor vehicles, arranging and directing services, removal, preparation, embalming, cremations, memorialization, and catering. Co.'s cemeteries provide cemetery property interment rights, including developed lots, lawn crypts, mausoleum spaces, niches, and other cremation memorialization and interment options.
SCI SEC Filing Email Alerts Service
Open the STEI Page at The Online Investor »
|
|
Free Email Alerts: Get SEC Filing Alerts Get Dividend Alerts |