reports
StoneMor Announces Completion of Merger with Axar Affiliate
StoneMor Announces Completion of Merger with Axar Affiliate BENSALEM, Pa., Nov. 03, 2022 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON) (“StoneMor” or the “Company”), a leading owner and operator of cemeteries and funeral homes, today announced the completion of the merger contemplated by the previously announced Agreement and Plan of Merger (the “Merger Agreement”), dated as of May 24, 2022, by and among the Company, Axar Cemetery Parent Corp. (“Parent”), a Delaware corporation and an indirect wholly-owned subsidiary of Axar Capital Management, LP (“Axar”), and Axar Cemetery Merger Corp....
Leading Independent Proxy Advisory Firm ISS Recommends StoneMor Stockh...
Leading Independent Proxy Advisory Firm ISS Recommends StoneMor Stockholders Vote “FOR” the Transaction with Axar Affiliate BENSALEM, Pa., Oct. 12, 2022 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON) (“StoneMor” or the “Company”), a leading owner and operator of cemeteries and funeral homes, today announced that leading independent proxy advisory firm Institutional Shareholder Services, Inc. (“ISS”) has recommended that stockholders vote “FOR” the pending transaction with a subsidiary of Axar Capital Management, LP (“Axar”) at the Company’s upcoming Special Meeting of Stockholders (the “S...
StoneMor Inc. Reports Second Quarter Financial Results
StoneMor Inc. Reports Second Quarter Financial Results BENSALEM, Pa., Aug. 11, 2022 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON) (“StoneMor” or the “Company”), a leading owner and operator of cemeteries and funeral homes, today reported operating and financial results for the second quarter ended June 30, 2022. Investors are encouraged to read the Company’s quarterly report on Form 10-Q when it is filed with the Securities and Exchange Commission (the “SEC”), which will contain additional details, and will be posted at . SECOND QUARTER FINANCIAL PERFORMANCE Revenues for the second qua...
StoneMor Inc. Announces Date of Conference Call and Webcast to Discuss...
StoneMor Inc. Announces Date of Conference Call and Webcast to Discuss 2022 Second Quarter Financial Results BENSALEM, Pa., July 28, 2022 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON), a leading owner and operator of cemeteries and funeral homes, today announced it expects to release 2022 second quarter financial results on Thursday, August 11, 2022 after the market closes. In connection with this announcement, StoneMor plans to hold a conference call to discuss its results later that day at 4:30 p.m. eastern time. This conference call can be accessed by calling (800) 954-0601. No res...
StoneMor Inc. Expands Partnership With Sympathy Brands Advancing Holis...
StoneMor Inc. Expands Partnership With Sympathy Brands Advancing Holistic Family Care Solutions at Cemetery Properties and Funeral Homes A leading owner and operator of cemeteries and funeral homes across the US broadens strategic alliance with Sympathy Brands to help provide families enhanced care throughout its cemetery locations BENSALEM, Pa. and MIAMI, June 14, 2022 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON), a leading owner and operator of cemeteries and funeral homes in the United States, announced an expansion to its existing strategic partnership with Sympathy Brands Company...
StoneMor Inc. Commences Go-Shop Process in Accordance with Merger Agre...
StoneMor Inc. Commences Go-Shop Process in Accordance with Merger Agreement BENSALEM, Pa., June 03, 2022 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON) (“StoneMor” or the “Company”). As previously reported, on May 24, 2022, StoneMor Inc., a Delaware corporation (“StoneMor” or the “Company”), Axar Cemetery Parent Corp (“Parent”), a Delaware corporation and an affiliate of Axar Capital Management, LP (“Axar”), and Axar Cemetery Merger Corp., a Delaware corporation and a wholly-owned subsidiary of Parent (“Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) pu...
StoneMor Inc. Enters into Agreement to be Acquired by Axar Capital Man...
StoneMor Inc. Enters into Agreement to be Acquired by Axar Capital Management, LP StoneMor Stockholders to Receive $3.50 Per Share in Cash BENSALEM, Pa., May 25, 2022 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON) (“StoneMor” or the “Company”), a leading owner and operator of cemeteries and funeral homes, today announced that it has entered into a definitive merger agreement under which a subsidiary of Axar Capital Management, LP (“Axar”) will be merged with and into StoneMor and all outstanding shares of StoneMor common stock not owned by Axar as to which dissenters’ rights are not per...
Stonemor Inc. Reports First Quarter Financial Results
Stonemor Inc. Reports First Quarter Financial Results BENSALEM, Pa., May 12, 2022 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON) (“StoneMor” or the “Company”), a leading owner and operator of cemeteries and funeral homes, today reported operating and financial results for the first quarter ended March 31, 2022. Investors are encouraged to read the Company’s quarterly report on Form 10-Q when it is filed with the Securities and Exchange Commission (the “SEC”), which will contain additional details, and will be posted at . FIRST QUARTER FINANCIAL PERFORMANCE Revenues for the first quarter...
StoneMor Inc. Announces Date of Conference Call and Webcast To Discuss...
StoneMor Inc. Announces Date of Conference Call and Webcast To Discuss 2022 First Quarter Financial Results BENSALEM, Pa., April 29, 2022 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON), a leading owner and operator of cemeteries and funeral homes, today announced it expects to release 2022 first quarter financial results on Thursday, May 12th, 2022 after the market closes. In connection with this announcement, StoneMor plans to hold a conference call to discuss its results later that day at 4:30 p.m. eastern time. This conference call can be accessed by calling (800) 935-9319. No reserva...
StoneMor Inc. Reports Fourth Quarter and Full Year Financial Results
StoneMor Inc. Reports Fourth Quarter and Full Year Financial Results BENSALEM, Pa., March 30, 2022 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON) (“StoneMor” or the “Company”), a leading owner and operator of cemeteries and funeral homes, today reported operating and financial results for the fourth quarter and year ended December 31, 2021. Investors are encouraged to read the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2021 when it is filed with the Securities and Exchange Commission (the “SEC”), which will contain additional details, and will be posted a...
StoneMor Inc. Announces Date of Conference Call and Webcast to Discuss...
StoneMor Inc. Announces Date of Conference Call and Webcast to Discuss 2021 Fourth Quarter and Full Year Financial Results BENSALEM, Pa., March 16, 2022 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON), a leading owner and operator of cemeteries and funeral homes, today announced it expects to release 2021 fourth quarter and full year financial results on Wednesday, March 30th, 2022 after the market closes. In connection with this announcement, StoneMor plans to hold a conference call to discuss its results later that day at 4:30 p.m. eastern time. This conference call can be accessed by c...
StoneMor Inc. Reports Third Quarter Financial Results
StoneMor Inc. Reports Third Quarter Financial Results BENSALEM, Pa., Nov. 11, 2021 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON) (“StoneMor” or the “Company”), a leading owner and operator of cemeteries and funeral homes, today reported operating and financial results for the third quarter ended September 30, 2021. Investors are encouraged to read the Company’s quarterly report on Form 10-Q when it is filed with the Securities and Exchange Commission (the “SEC”), which will contain additional details, and will be posted at . THIRD QUARTER FINANCIAL PERFORMANCE Revenues for the third qu...
StoneMor Inc. Announces Date of Conference Call and Webcast to Discuss...
StoneMor Inc. Announces Date of Conference Call and Webcast to Discuss 2021 Third Quarter Financial Results BENSALEM, Pa., Oct. 29, 2021 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON), a leading owner and operator of cemeteries and funeral homes, today announced it expects to release 2021 third quarter financial results on Thursday, November 11th, 2021 after the market closes. In connection with this announcement, StoneMor plans to hold a conference call to discuss its results later that day at 4:30 p.m. eastern time. This conference call can be accessed by calling (877) 256-3243. No res...
StoneMor Inc. Announces Partnership With Sympathy Brands to Provide Un...
StoneMor Inc. Announces Partnership With Sympathy Brands to Provide Unified Support for Families Navigating End-of-Life Matters A leading owner and operator of cemeteries and funeral homes across the US integrates Sympathy Brands to help families and comforters by providing a holistic experience for all end-of-life matters BENSALEM, Pa. and MIAMI, Oct. 20, 2021 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON), a leading owner and operator of cemeteries and funeral homes in the United States, announced a strategic partnership with Sympathy Brands Company (S2 Brands, Inc.), the unifying res...
StoneMor Inc. Announces Receipt of Letter Inviting Discussions Regardi...
StoneMor Inc. Announces Receipt of Letter Inviting Discussions Regarding Strategic Alternatives BENSALEM, Pa., Sept. 27, 2021 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON) (“StoneMor” or the “Company”), a leading owner and operator of cemeteries and funeral homes, announced today that its board of directors (the “Board”) has received a letter (the “Letter”), dated September 22, 2021, from Axar Capital Management, LP (“Axar”) in which Axar expressed an interest in pursuing discussions concerning strategic alternatives that may be beneficial to the Company and its various stakeholders. ...
StoneMor Inc: 1 director
A director at StoneMor Inc bought 10,000 shares at 2.560USD and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly s...
StoneMor Inc. Announces Partnership With Empathy to Expand Support Off...
StoneMor Inc. Announces Partnership With Empathy to Expand Support Offered to Families Dealing With Loss A leading owner and operator of cemeteries and funeral homes across the US will integrate Empathy’s offering via a co-branded app to help thousands of families navigate the complexities experienced in loss BENSALEM, Pa. and TEL AVIV, Israel, Aug. 11, 2021 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON), a leading owner and operator of cemeteries and funeral homes in the United States, today announced a partnership with Empathy, a service platform that helps families navigate the journ...
StoneMor Inc. Reports Second Quarter Financial Results
StoneMor Inc. Reports Second Quarter Financial Results BENSALEM, Pa., Aug. 10, 2021 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON) (“StoneMor” or the “Company”), a leading owner and operator of cemeteries and funeral homes, today reported operating and financial results for the second quarter ended June 30, 2021. Investors are encouraged to read the Company’s quarterly report on Form 10-Q when it is filed with the Securities and Exchange Commission (the “SEC”), which will contain additional details, and will be posted at . SECOND QUARTER FINANCIAL PERFORMANCE Revenues for the second qua...
StoneMor Inc. Announces Date of Conference Call and Webcast to Discuss...
StoneMor Inc. Announces Date of Conference Call and Webcast to Discuss 2021 Second Quarter Financial Results BENSALEM, Pa., July 26, 2021 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON), a leading owner and operator of cemeteries and funeral homes, today announced it expects to release 2021 second quarter financial results on Tuesday, August 10, 2021 after the market closes. In connection with this announcement, StoneMor plans to hold a conference call to discuss its results later that day at 4:30 p.m. eastern time. This conference call can be accessed by calling (877) 221-6399. No reserv...
StoneMor Inc. to Join Russell 3000® and Russell Microcap® Indexes
StoneMor Inc. to Join Russell 3000® and Russell Microcap® Indexes BENSALEM, Pa., June 25, 2021 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON) (“StoneMor”) today announced that the Company will be added to the Russell 3000® and Russell MicroCap® Indexes at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, according to a preliminary list of additions posted June 4. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 7, 2021, ranking them by total market capitalization. Membership in the US all-...
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