StoneMor (STON) Announces Receipt of Letter Inviting Discussions Regarding Strategic Alternatives

  • September 28, 2021


Stock StoneMor Inc. Symbol STON
Date Announced 09/27/2021 Source Press Release
Type Unsolicited Bid Acquiring Company/Person Axar Capital Management, LP

StoneMor Inc. (STON), a leading owner and operator of cemeteries and funeral homes, announced that its board of directors has received a letter, dated September 22, 2021, from Axar Capital Management, LP in which Axar expressed an interest in pursuing discussions concerning strategic alternatives that may be beneficial to the Company and its various stakeholders.

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