Service Corporation (SCI) announces a deal to buy Stewart Enterprises (STEI) for $13.25 per...


Service Corporation (SCI) announces a deal to buy Stewart Enterprises (STEI) for $13.25 per share. The combined company will boast pro-forma revenue of almost $3B. JPMorgan will provide the financing for the $1.4B deal.

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  • John Motyka
    , contributor
    Comments (69) | Send Message
     
    The $STEI Shorts were wrong this time! I always liked this business model, dividend and growth of market share...jdm
    29 May 2013, 11:59 AM Reply Like
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