Park Lawn Corporation
Park Lawn Corporation announced yesterday in this press release that they have reached an agreement to sell at least 83 death care properties, consisting of 72 cemeteries and 11 funeral homes to Everstory Partners, the new brand of the former StoneMor company. Here’s what the press release states: “The divestiture includes 72…
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In an article that was published on October 1, and I’ll remind our readers that was before Park Lawn Corporation (PLC) had publicly withdrawn its $34 per share offer for Carriage Services, Seeking Alpha authors gave a positive review of Park Lawn Corporation. The article, which you can read here is entitled,…
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On Wednesday Funeral Director Daily told you of the Tuesday, October 2, press release of Park Lawn Corporation stating that it was withdrawing its all-cash offer to purchase all of the outstanding stock of Carriage Services. It also mentioned that it had declined to participate any further in Carriage Services’ “Review of Strategic…
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Yesterday Park Lawn Corporation issued a press release stating that “it has declined to participate further in Carriage Services, Inc.’s (NYSE: CSV) (“Carriage”) previously announced strategic review process and that it has withdrawn its all cash proposal to purchase the outstanding stock of Carriage.” The press release which you can read here also…
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Part of our mission at Funeral Director Daily is to help the individual funeral home owner or operator understand all facets of their business better and in more depth so that they have the knowledge to make decisions moving forward. In my 35 years of owning and operating a funeral home I tried to…
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It was back in March 2023 when Funeral Director Daily published this article about Park Lawn Corporation (PLC) acquiring the Meyer Brothers Funeral Homes’ five locations in the state-line cities of Sioux City, Iowa, and South Sioux City, Nebraska. According to a press release from Park Lawn Corporation the acquisition added five…
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There is a lot to be digested when you look at Park Lawn Corporation’s (PLC) 2nd Quarter Earnings Release and their Earnings Call transcript which were made public last week. Much like the quarterly reports from SCI and Carriage Services, Park Lawn was able to increase revenues, but like their counterparts, it…
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The world of Death Care has once again proved pretty small. In what was supposed to be a confidential offer, Park Lawn Corporation has confirmed, according to this Yahoo Finance article, that they have recently made a buy-out proposal to Carriage Services. And, Carriage Services, in this company press release, has…
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“Park Lawn (Corporation) has further expanded its strategic growth in the southeast United States” according to a quote attributed to Park Lawn CEO J. Bradley Green in this press release from earlier this week. The expansion Green it talking about is the acquisition of the Cobb Funeral Chapel and the Cobb Suncrest Memorial…
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Earlier this week Park Lawn Corporation (PLC) announced that it had reached a definitive agreement to acquire substantially all of he assets of Ward Funeral Home Limited. Ward Funeral Home Limited operates three stand-alone funeral homes in the Greater Toronto, Ontario, Canada area. Here’s what Park Lawn Corporation CEO J. Bradley…
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