Printer Friendly

AMERICAN FUNERAL SERVICES CORPORATION REPORTS OFFER BY SERVICE CORPORATION

 AMERICAN FUNERAL SERVICES CORPORATION
 REPORTS OFFER BY SERVICE CORPORATION
 HOUSTON, Aug. 31 /PRNewswire/ -- American Funeral Services Corporation (NASDAQ: AMFS) today announced that it received a letter from Service Corporation International (SCI) stating that SCI would be prepared to pay $14 cash for each American Funeral Services common share. SCI said in its letter that its proposal would remain open until 5 p.m. Houston time on Sept. 10, 1992. SCI has previously announced that it owns 20 percent of American Funeral Services shares.
 American Funeral Services also reported that it delivered a letter to SCI in response stating that its board of directors would carefully consider the SCI proposal and would respond within the time frame set by SCI.
 -0- 8/31/92
 /CONTACT: Hugh Morrison, chief executive officer or, Ross Stewart, chief financial officer of American Funeral Services, 713-524-8881; or, Gerard W. Coffey of G.A. Kraut Company, 212-696-5600, for American Funeral Services/
 (AMFS) CO: American Funeral Services Corporation ST: Texas IN: SU: TNM


LR-OS -- NY013 -- 4829 08/31/92 09:18 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 31, 1992
Words:174
Previous Article:PATIENTS ON THERMO CARDIOSYSTEMS ELECTRIC HEART PUMP GET OK FROM FDA TO LEAVE THE HOSPITAL
Next Article:ANTIBIOTICS LICENSED TO WYETH-AYERST
Topics:


Related Articles
SERVICE CORPORATION INTERNATIONAL AND AMERICAN FUNERAL SERVICES CORPORATION ANNOUNCE DEFINITIVE AGREEMENT
SERVICE CORPORATION INTERNATIONAL AND AMERICAN FUNERAL SERVICES CORPORATION ANNOUNCE AN AGREEMENT IN PRINCIPLE
EARLY TERMINATION OF HART-SCOTT-RODINO WAITING PERIOD FOR SERVICE CORP. AMERICAN FUNERAL MERGER
SERVICE CORPORATION INTERNATIONAL COMPLETES AMERICAN FUNERAL MERGER
SERVICE CORPORATION INTERNATIONAL SIGNS DEFINITIVE AGREEMENT TO EXPAND FUNERAL OPERATIONS INTO AUSTRALIA
SCI COMPLETES AUSTRALIAN ACQUISITION
SERVICE CORPORATION INTERNATIONAL ANNOUNCES EXPANSION OF AUSTRALIAN OPERATIONS
SERVICE CORPORATION INTERNATIONAL ANNOUNCES COMPLETION OF GIBRALTAR MAUSOLEUM CORPORATION ACQUISITION
American Annuity Group Announces Sale of Funeral Services Division
Service Corporation International Completes Strategic Acquisition of Pre-Need Insurance Division of American Annuity Group.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters