Tag: retorts

Finance

Matthews announces investment sale

On Tuesday global death care company Matthews International announced a sale, that was effective on June 26, of a non-controlling ownership interest in a pet cremation services business.  According to this release from Matthews, the company sold its interest for a total of $57.2 million. That $57.2 million was to be paid to Matthews International with $42.2 million in cash and another $15.0 million in preferred stock of the company, which was not named.  Again, according to the release, Matthews […]