Merger of Funeral Home Chains Stirs Ire

Law360, New York (April 5, 2006, 12:00 AM EDT) -- The two largest funeral home chains in the United States have announced plans to merge this week, drawing fire from industry professionals who fear the deal will kill off already rare competition in the funeral business.

The combined company, which would generate an estimated $2.5 billion per year, comes at a lucrative time for the funeral home industry, as a large population of baby boomers ages.

Should the deal go through, Service Corporation International would acquire Alderwoods Group for $856 million and boost SCI’s market share...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.