StoneMor Inc. Announces Extension of Expiration Date for Registered Exchange Offer for Its 9.875%/11.500% Senior Secured PIK Toggle Notes Due 2024
GlobeNewswire · 17小时前
StoneMor Inc. Announces Response of Special Committee to Axar Proposal
GlobeNewswire · 06/16 21:02
StoneMor Reports Response Of Special Committee To Axar Proposal
StoneMor Inc. (NYSE:STON) (“StoneMor”) announced today that the special committee (the “Special Committee”) of its board of directors – formed to consider and evaluate an unsolicited
Benzinga · 06/16 20:02
StoneMor Inc. Commences Registered Exchange Offer for Its 9.875%/11.500% Senior Secured PIK Toggle Notes Due 2024
TREVOSE, Pa., June 09, 2020 -- StoneMor Inc. (NYSE: STON) (“StoneMor”) today announced the commencement of an exchange offer for all of the outstanding 9.875%/11.500% Senior.
GlobeNewswire · 06/09 20:02
StoneMor receives “Going Private” proposal from Axar
Seeking Alpha - Article · 05/28 14:20
StoneMor Inc. Announces Received An Unsolicited Proposal Letter From Axar Capital Management To Acquire All Of The Outstanding Shares Of Common Stock Of The Company Not Owned By Axar Or Its Affiliates In A "Going-private" Transaction For $0.67/Share
Benzinga · 05/27 20:09
StoneMor Inc. Announces Receipt of “Going Private” Proposal, Formation of Special Committee and Update On Equity Financings
According to the Proposal, the $0.67 per share price represents a premium of approximately 17% to 50-day moving average share price as of the market close on May 22, 2020. Axar currently owns approximately 52% of the Company’s outstanding common stock.