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2022-05-27 05:47:45
About UsRecent NewsInvestorsCommunity InvolvementCareersSearch JobsOur BenefitsCall UsEmail Us Skip to main content Skip to footer StonemorVariedOurMissionContact UsAbout UsRecent NewsInvestorsCommunity InvolvementCareersSearch JobsOur BenefitsHonoring Your Life Story Is Our Life's Work. At StoneMor, our vision is to ease the burden of end-of-life planning for every family we serve. We provide an industry-leading approach of being a Family First Company.About StoneMorThroughout 301 cemeteries and 69 funeral homes in 24 states and Puerto Rico, StoneMor Inc. focuses on the sensitive needs of its customers and their families.StoneMor's goal is to HONOR and serve our families through our core values:HonestOpen-MindedNurturingOptimisticResults DrivenThese values are reflected throughout our entire company, from our executive management team to our compassionate staff throughout the country. 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 - 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 perfected will be converted into the right to receive $3.50 in cash per share. Axar currently owns approximately 75% of the outstanding shares of StoneMor common stock. The cash consideration represents a 54.2% premium to the Company's closing share price on May 24, 2022, the last trading day prior to today's announcement of the execution of a definitive merger agreement.Full ReleaseImportant Notice: Q1 '22 Earnings Conference CallThursday, May 12, 2022 at 4:30 p.m. Eastern Time (ET)Dial In: 800-935-9319Web Login: Click HereQ1 2022 Earnings Press Release: Click HereQ1 2022 Earnings Presentation: Click HereMore InfoImportant Notice: Q4 '21 and Full Year Earnings Conference CallWednesday, March 30, 2022 at 4:30 p.m. Eastern Time (ET)Q4 and Full Year 2021 Earnings Press Release: Click HereQ4 and Full Year 2021 Earnings Presentation: Click HereMore InfoConsumer WebsiteMemorialPlanning.com offers information and resources on end-of-life planning.Learn MorePress ReleasesKeep up with all of the news here at StoneMorPress ReleasesFor Our InvestorsOur website provides investor and financial information, including links to stock information, past and upcoming events and presentations and public financial reports. See MoreCommunity InvolvementThrough our community outreach program, MorInvolved, StoneMor is not only dedicated to honoring the families we serve in end-of-life planning, but also giving back to the communities they reside in. We do this through collecting donations and volunteering with various organizations.See MoreSome of the Organizations We Have Worked WithAlzheimer's AssociationRed CrossCradles to CrayonsMuscular Dystrophy AssociationScholarship Award Program through the Philadelphia ArchdioceseToys for TotsSunday Breakfast MissionDo You Share Our Vision?StoneMor and its properties are always looking for team members that share our core values and mission statement. In addition to getting to help families through the important steps of end-of-life planning, both at the time of need and in advance, StoneMor offers competitive salary and benefits, comprehensive health benefits, tuition reimbursement and a 401(k) plan.We look forward to you joining our team!Career PortalResourcesOur PropertiesInvestorsBoard of DirectorsCareersPress ReleasesPrivacy PolicyPurchasing TermsCopyright © 2022 StonemorDynamix Web Design
