News and Blogs

Service Corporation International To Acquire Stewart Enterprises, Inc.

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PR Newswire
Service Corporation International
Houston TX
May 29, 2013

Service Corporation International (NYSE: SCI) announced today the signing of a definitive agreement with Stewart Enterprises, Inc. (Nasdaq GS: STEI) to acquire all of Stewart's outstanding shares of Class A and Class B common stock for $13.25 per share in cash.  The acquisition, which has been approved by the Board of Directors of both companies, has an enterprise value of $1.4 billion.

Read the full article at PR Newswire


Maine, 2013--preneed insurance voted down

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With the help of the FCA of Maine, lawmakers squashed a bill backed by funeral giant Service Corporation International (also known as Dignity Memorial) that would have allowed funeral home to sell insurance to consumers. So-called "funeral insurance" is usually an expensive scam of a product that's not in the customer's best interests. See the Grim Reader to find out how much it could cost you and  for advice on  better ways to spend your money. 

Last Updated ( Friday, 24 May 2013 14:34 )

You Don't Have to Spend a Ton on a Funeral (Here's Why)

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May 2, 2013

Josh Slocum, Executive Director, Funeral Consumers Alliance

As the director of Funeral Consumers Alliance, a nonprofit that helps people avoid funeral fraud, I know all about mortuary mythology. (That’s what I call the collective "wisdom" about death, dying, funerals, and dead people.) Most Americans get their information about how to bury the dead from the people we pay to do it for us — not exactly the most disinterested source.

You don’t walk into the car dealer with a blank check and you shouldn’t do it at the undertaker’s.

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Grave Robbers: Anti-Competitive Regulations for the Dead

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The Freeman
May 7, 2013

Foundation for Economic Education

A host of anticompetitive regulations serve funeral directors at the expense of the grieving.

Read the full artticle at The Freeman


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