InsideArbitrage Potential Deal Alert: Carriage Services (CSV) Announces Review of Strategic Alternatives

POTENTIAL DEAL DETAILS

Carriage Services (CSV) announced that its Board of Directors has initiated a process to explore potential strategic alternatives, possibly including a sale, merger, or other potential strategic or financial transaction, to maximize shareholder value.

Park Lawn Corporation confirmed, in response that it has submitted a preliminary all-cash proposal to the Board of Directors of Carriage Services, Inc. (CSV) to purchase all of the outstanding stock of Carriage.

Update(s):

October 3, 2023: Park Lawn Corporation announced that it has declined to participate further in Carriage Services, Inc.’s (CSV) previously announced strategic review process and that it has withdrawn its all cash proposal to purchase the outstanding stock of Carriage.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.