StoneMor and Axar Capital: Finalizing things soon?

A recent article published by Seeking Alpha indicates that the “Go Shop” period for StoneMor Inc., following the announcement of a potential going private sale to Axar Capital, is over.  In the article the authors mention, “StonMor has been able to solicit other offers, which might not necessarily be take privates. The go-shop period is over so the deal is probably going through.

Interesting to note also, that StoneMor, known more as a cemetery company than a funeral home company has according to the authors, a sales ratio of 4:3:3 in terms of sales of cemetery interment rights, services, and merchandise.

There is a lot more information in the article about StoneMor which makes it a compelling and educational read.

Here is the article from Seeking Alpha.

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