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EARLY TERMINATION OF HART-SCOTT-RODINO WAITING PERIOD FOR SERVICE CORP. AMERICAN FUNERAL MERGER

 HOUSTON, Nov. 25 ~PRNewswire~ -- Service Corporation International (NYSE: SRV) (SCI) and American Funeral Services Corporation (AFS) announced today that the Federal Trade Commission has granted termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act applicable to their proposed merger. SCI and AFS will now complete the merger as originally planned, pending the approval of AFS stockholders at a meeting scheduled for Dec. 22, 1992 and other customary conditions. Proxies for that meeting are currently being distributed by AFS.
 Service Corporation International is the largest owner and operator of funeral homes and cemeteries in the world. SCI's operations include 664 funeral homes and 168 cemeteries in 39 states, the District of Columbia and four Canadian provinces. SCI's stock is traded on the New York Stock Exchange. The company's ticker symbol in SRV.
 -0- 11~25~92
 ~CONTACT: Bill Barnett of Service Corporation International, 713-525-5497, Steve Frankel of Burson-Marsteller, 212-614-5062, for Service Corporation~
 (SRV)


CO: Service Corporation International; American Funeral Services
 Corporation ST: Texas IN: SU:


TS-LR -- NY011 -- 1424 11~25~92 09:53 EST
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Publication:PR Newswire
Date:Nov 25, 1992
Words:175
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