Stewart Enterprises, Inc. Shareholders Approve Merger Agreement
JEFFERSON, La., Aug. 13, 2013 (GLOBE NEWSWIRE) — Stewart Enterprises, Inc. (Nasdaq:STEI) reported today that its shareholders have approved the Agreement and Plan of Merger, dated as of May 28, 2013, by and among Service Corporation International, Rio Acquisition Corp. and Stewart Enterprises, Inc. with over 99 percent of votes cast in favor of the proposal, which represents over 83 percent of total voting power. The vote took place at a special meeting of shareholders held today.
Founded in 1910, Stewart Enterprises, Inc. is the second largest provider of products and services in the death care industry in the United States, currently owning and operating 217 funeral homes and 141 cemeteries. Through its subsidiaries, the Company provides a complete range of funeral and cremation merchandise and services, along with cemetery property, merchandise and services, both at the time of need and on a preneed basis.
CONTACT: Lewis J. Derbes, Jr.
Stewart Enterprises, Inc.
1333 S. Clearview Parkway
Jefferson, LA 70121
Latest posts by CDFuneralNews (see all)
- Foundation Partners Group Adds Anderson-McQueen to FPG Family - August 17, 2017
- Sales Professional – North FL/Georgia - August 17, 2017
- On Our Soapbox: The Truth About Cremation | FUNERAL nation 085 - August 16, 2017
You may be interested
Foundation Partners Group Adds Anderson-McQueen to FPG FamilyCDFuneralNews - August 17, 2017
Orlando, FL – Foundation Partners Group (FPG), a leading provider of innovative funeral, cemetery and cremation experiences and products, has…
Sales Professional – North FL/GeorgiaCDFuneralNews - August 17, 2017
Wilbert Funeral Services Inc. is a wholesale product and service provider to the funeral industry. Our manufactured products include burial…
On Our Soapbox: The Truth About Cremation | FUNERAL nation 085CDFuneralNews - August 16, 2017
Cremation truth and Social Media Screwup: Watch Ryan & The Commander tell it like it is on their soapbox! (more…)