StoneMor Inc. (STON) News
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STON News Highlights
- For STON, its 30 day story count is now at 2.
- Over the past 22 days, the trend for STON's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- The most mentioned tickers in articles about STON are NOV.
Latest STON News From Around the Web
Below are the latest news stories about STONEMOR INC that investors may wish to consider to help them evaluate STON as an investment opportunity.
StoneMor Announces Completion of Merger with Axar AffiliateBENSALEM, 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 (“Axa |
Leading Independent Proxy Advisory Firm ISS Recommends StoneMor Stockholders Vote “FOR” the Transaction with Axar AffiliateBENSALEM, 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 “Special Meeting”) scheduled fo |
StoneMor Partners L.P. (STON) Q2 2022 Earnings Call TranscriptBefore we begin, as usual, I would like to remind everyone that this conference call will include certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements that address operating performance, events or developments that we expect or anticipate to occur in the future are forward-looking statements. In addition, forward-looking statements are subject to certain risks and uncertainties that could cause actual results, events and developments to differ materially from our historical experience and our present expectations or projections. |
StoneMor Inc. Reports Second Quarter Financial ResultsBENSALEM, 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 www.stonemor.com. SECOND QUA |
StoneMor Inc. Announces Date of Conference Call and Webcast to Discuss 2022 Second Quarter Financial ResultsBENSALEM, 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 reservation number i |
StoneMor Inc. Expands Partnership With Sympathy Brands Advancing Holistic Family Care Solutions at Cemetery Properties and Funeral HomesA 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 locationsBENSALEM, 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 (S2 Brands, Inc.), the unifying resource and |
StoneMor Inc. Commences Go-Shop Process in Accordance with Merger AgreementBENSALEM, 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 “Me |
Why StoneMor Stock Skyrocketed TodayShares of StoneMor (NYSE: STON) soared 50% on Wednesday after the owner and operator of cemeteries and funeral homes struck a deal to be acquired by Axar Capital Management. Axar is StoneMor's largest investor. The private equity firm owns roughly 75% of StoneMor's stock. |
StoneMor Inc. Enters into Agreement to be Acquired by Axar Capital Management, LPStoneMor Stockholders to Receive $3.50 Per Share in CashBENSALEM, 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 a |
StoneMor Partners L.P. (STON) Q1 2022 Earnings Call TranscriptWith us on the call this afternoon are Joe Redling, president and chief executive officer, and Jeffrey DiGiovanni, senior vice president and chief financial officer. Before we begin, as usual, I would like to remind everyone that this conference call will include certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements that address operating performance, events or developments that we expect or anticipate to occur in the future are forward-looking statements. |