Service Seizes Equity

Leibs, Anthony
March 1999
Mergers & Acquisitions Report;03/15/99, Vol. 12 Issue 11, p6
Reports on the acquisition of Equity Corp. by Service Corp. International. Value of the acquisition; Suggestion from Josh Rosen, an analyst at Credit Suisse First Boston, on how Equity will maintain its yearly 25 to 30 percent earnings increase; Factors that led to Equity's decision to merge; Details on the acquisition.


Related Articles

  • Consolidating doesn't ensure success, survival.  // Air Conditioning Heating & Refrigeration News;08/23/99, Vol. 207 Issue 17, p26 

    Editorial. Comments on the trouble encountered by companies who underwent consolidation. Example of funeral firm Service Corporation International; Contributing factors to current financial difficulties; Warning that billion-dollar companies can also go bust.

  • StoneMor Acquires Funeral Homes & Cemeteries. Collins, Allison // Mergers & Acquisitions Report;3/31/2014, Vol. 29 Issue 13, p4 

    The article reports that 12 cemeteries and 9 funeral homes from Service Corp. International will be acquired by StoneMor Partners LP.

  • In Wake of Mega-Merger Growing Number of Funeral Home Executives Considering Expansions and Acquisitions.  // Funeral Home & Cemetery News;Nov2013, pA20 

    The article informs that merging of funeral industry firms Service Corp. International and Stewart Enterprises Inc. will have a negative effect on the funeral home industry but still companies are interested in acquisitions, according to a survey conducted by accounting firm Crtitn Cooperman.

  • Mid-America Real Estate Completes Sale of Metropolitan Place Retail Shops in Chicago. Stratton, Kelly // National Real Estate Investor Exclusive Insight;6/5/2012, p11 

    The article reports that Bianco Properties has finalized its acquisition of the 21,000-square-foot Metropolitan Place Retail Shops in Chicago, Illinois from Syndicated Equities.

  • Huntington Beach Firm Gets Funding.  // Orange County Business Journal;10/16/2000, Vol. 23 Issue 42, p4 

    Reports on the payment made by Montreal-based OXBOW Equities Corp. for an equity stake in MHShopper.com Inc. of Huntington Beach, California.

  • 'Death' Care M&A Heats Up.  // Mergers & Acquisitions: The Dealermaker's Journal;Mar2010, Vol. 45 Issue 3, p6 

    The article presents information on the performance of the merger and acquisition in the health care industry. New York Stock Exchange-listed Service Corp. International is acquiring Las Vegas-based Palm Mortuaries in December 2010 and before that worked out a deal to buy publicly held Keystone...

  • Investigation? What Investigation?  // Funeral Monitor;9/11/2006, Vol. 15 Issue 35, p1 

    The article discusses the civil investigative demands of the U.S. Federal Trade Commission (FTC) regarding Service Corp. International's proposed purchase of Alderwoods Group Inc. The investigation examines whether a violation occurred in laws administered by the FTC by conduct, activities or...

  • Stewart Enterprises rejects SCI proposal.  // Funeral Monitor;7/28/2008, Vol. 17 Issue 28, p8 

    This article reports that Stewart Enterprises Inc. rejected a proposal from Service Corp. International (SCI) to acquire all of the outstanding shares of Stewart for $9.50 in cash. In a June 2008 letter, SCI invited Stewart to enter into negotiations regarding the possible combination of the two...

  • Banking crisis kills Stewart/SCI deal.  // Funeral Monitor;10/20/2008, Vol. 17 Issue 39, p4 

    The article reports on the cancellation of the ongoing acquisition deal between Stewart Enterprises Inc. and Service Corp. International (SCI) in 2008. According to the article, talks between the two companies were going well until the $700 billion bailout of the financial system which made...


Read the Article


Sign out of this library

Other Topics