cremation
Last week death care property owner and operator StoneMor announced, in this press release, that they had completed their merger with Axar Capital Management whereby StoneMor will become a private and wholly owned subsidiary of Axar Capital Management. Prior to this “take private” movement, which was announced in this May 25, 2022, press release, Axar…
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I visited Baltimore and attended the National Funeral Directors Association (NFDA) convention earlier this month. In earlier blog posts I’ve told you some overriding impressions that I had from that experience. . . and I told you I would be bringing you, in greater detail, some of my thoughts and observations. One of the phenomena…
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It was recently announced by Parting Stone, the company that pioneered solidified remains, and InvoCare, Australia’s leading death care provider, that InvoCare has invested $1 million in Parting Stone. In addition, the two companies will partner to launch Parting Stone Australia, which will be Parting Stone’s first international laboratory. Justin Crowe, founder and Chief Executive…
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If you haven’t noticed that families are continuing to look for new ways to memorialize their loved ones you haven’t been looking. For many of us casketed burial with a monument for memorialization may be what we want or columbarium sheltering of cremated remains in a cemetery with memorialization recognition may be what we want. …
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It’s hard to believe that another 30-day period has passed and has become our custom, we recap our Top 5 read articles over the past 30 days. So, if you are a new subscriber or if you missed a couple of articles, or if you just want to read them a 2nd time, here are…
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If you follow Funeral Director Daily with any regularity you will know that I returned from the 2022 National Funeral Directors Association (NFDA) International Convention last week. This article, titled Back from Baltimore, published last week gave my general impressions on attending my first national convention in over a decade. In today’s article I’m going…
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Earlier this week according to this press release the Institutional Shareholder Services (ISS) recommended that shareholders of StoneMor vote “FOR” the pending transaction with a subsidiary of Axar Capital Management LP. That vote, which would take StoneMor to a private company status, is scheduled for a special stockholders meeting on November 1, 2022. Among other…
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I’m penning this article on Wednesday, one day before it is published while I have the memories of the National Funeral Directors Association International Expo fresh in my memory. I spent Saturday through Tuesday afternoon at the convention in Baltimore, Maryland, leaving Tuesday evening and arriving home late on that same evening. In today’s edition…
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There is no doubt that the establishment of the company Pure Cremation (company website here) and its business of what they call “no-fuss” direct cremation is making an impact on the death care business in Great Britain. Launched in 2015 as a low-cost provider of cremation services, the company is changing how some death care…
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We learned last week that Park Lawn Corporation, the publicly traded funeral home and cemetery company, added three firms located in Colorado to its group of locations. In this press release you can learn about the acquisition of Ertel Funeral Home and Crematory, Taylor Funeral Home, and Brown’s Cremation and Funeral Service. Park Lawn Corporation…
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