stewart enterprises

(Corey Templeton)

FTC Approves Formation Of Bereavement Voltron: SCI Can Acquire Rival

If you don’t want anyone to pay attention to a piece of news, be sure to put out your press release just before the biggest holiday of the year. On December 23, the Federal Trade Commission released the news that it has given its blessing for the largest company in America’s “death care” industry, Service Corporation International, to go ahead and acquire the second-largest company in the same business, Stewart Enterprises, Inc. [More]

(taberandrew)

Nation’s Two Largest Funeral Companies To Merge, Form Bereavement Voltron

Back in 2008, Service Corporation International, the nation’s largest funeral-service company, made a bid to acquire the second-largest company, Stewart Enterprises Inc. The smaller company rebuffed its suitor, but reconsidered after an offer this year. The two companies will now form one large mega-death-services-corporation just as baby boomers are about to consider planning–and more importantly, pre-paying for–their funerals. [More]