Funeral Home Operators Seek Merger Timeline

Law360, New York (June 23, 2006, 12:00 AM EDT) -- Two of the nation’s largest funeral home operators have asked the Federal Trade Commission for a consent decree on a proposed merger that has raised stiff objections from industry professionals.

Service Corp. International and Alderwoods Group Inc. said Thursday that the plan comes on the heels of a signed timing agreement with the FTC, and if they receive the decree, their merger could be wrapped up as soon as Sept. 30.

However, if they do not obtain it, the deal will not be completed before Oct....
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