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

|About: Service Corporation Inter... (SCI)|By:, SA News Editor

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.