StoneMor Partners

StoneMor, Inc. owns and manages cemeteries and funeral homes. It operates through the following segments: Cemetery Operations, Funeral Home Operations, and Corporate. The Cemetery Operations segment focuses on the sale of interment rights, cemetery merchandise, which includes markers, bases, vaults, caskets and cremation niches, and cemetery services. The Funeral Home Operations segment consists of funeral home merchandise, including caskets and other funeral-related items and service revenues, which include services such as family consultation, the removal of and preparation of remains and the use of funeral home facilities for visitation and prayer services. The company was founded on April 29, 2004 and is headquartered in Bensalem, PA.

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Everstory Partners develops safe, encouraging environments where people and families dealing with loss can find comfort, purpose, and hope. The company was founded in 1999 and is based in Bensalem, Pennsylvania.

BENSALEM, 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 (“Axar”), and Axar Cemetery Merger Corp., a Delaware corporation and a wholly-owned subsidiary of Parent (“Merger Sub”), pursuant to which Merger Sub was merged with and into the Company (the “Merger”), with the Company surviving the Merger as the surviving corporation (the “Surviving Corporation”) and becoming a wholly-owned subsidiary of Parent.

StoneMor Announces Completion of Merger with Axar Affiliate

BENSALEM, 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 for November 1, 2022.

Leading Independent Proxy Advisory Firm ISS Recommends StoneMor Stockholders Vote “FOR” the Transaction with Axar Affiliate

NEW YORK , Sept. 22, 2022 /PRNewswire/ --  Juan Monteverde , founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Stonemor, Inc. (STON), relating to its proposed acquisition by a subsidiary of Axar Capital Management, LP.

The M&A Class Action Firm Announces an Investigation of Stonemor, Inc. - STON

StoneMor Inc. is in some sort of discussion with Axar Capital. Whether it be a take-private or some sort of roll-up, we don't know. While a roll-up would make a lot of sense in the fragmented U.S. death-care industry, investors might have some concerns while they wait for a deal.

StoneMor Really Needs That Outside Capital

StoneMor Inc. (NYSE:STON ) Q2 2022 Earnings Conference Call August 11, 2022 4:30 PM ET Company Participants Keith Trost - Senior Vice President of Corporate Development Joe Redling - President & Chief Executive Officer Jeffrey DiGiovanni - Senior Vice President & Chief Financial Officer Conference Call Participants Operator Greetings and welcome to the StoneMor 2Q Earnings Release. [Operator Instructions] As a reminder this call is being recorded today Thursday August 11 2022.

StoneMor Inc. (STON) CEO Joe Redling on Q2 2022 Results - Earnings Call Transcript

BENSALEM, 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.

StoneMor Inc. Reports Second Quarter Financial Results

BENSALEM, 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.

StoneMor Inc. Announces Date of Conference Call and Webcast to Discuss 2022 Second Quarter Financial Results

A 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 locations A 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 locations

StoneMor Inc. Expands Partnership With Sympathy Brands Advancing Holistic Family Care Solutions at Cemetery Properties and Funeral Homes

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of StoneMor Inc. (NYSE: STON) to Axar Capital Management, LP. Under the terms of the proposed transaction, shareholders of StoneMor will receive only $3.50 in cash for each share of StoneMor that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or wheth

STONEMOR INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of StoneMor Inc. - STON

BENSALEM, 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 “Merger Agreement”) pursuant to which, and subject to the conditions described therein, Merger Sub will be merged with and into the Company (the “Merger”) with the Company surviving the Merger and becoming a wholly-owned subsidiary of Parent as a result of the Merger. Axar currently owns approximately 75% of the outstanding shares of StoneMor common stock.

StoneMor Inc. Commences Go-Shop Process in Accordance with Merger Agreement

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NEW YORK , June 1, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: ServiceSource International, Inc. (NASDAQ: SREV)'s sale to Concentrix Corporation for $1.50 per share. If you are a ServiceSource shareholder, click here to learn more about your rights and options.

SHAREHOLDER UPDATE: Halper Sadeh LLP Investigates SREV, STON, ATA, HR

StoneMor Inc (NYSE: STON), a leading operator and owner of funeral homes and cemeteries, announced it has executed a merger agreement whereby it'll merge with an Axar Capital Management subsidiary. All of the company's outstanding shares not owned by Axar Capital will now become the right to get $3.50 per share in cash.

StoneMor Inc announces it has executed an acquisition agreement with Axar Capital Management

NEW YORK--(BUSINESS WIRE)--Labaton Sucharow, a nationally ranked and award-winning shareholder rights firm, announces that it is investigating claims on behalf of investors of StoneMor Inc. (NYSE: STON) (“StoneMor” or “the Company”) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. If you want to receive additional information and protect your investments

SHAREHOLDER ALERT: Labaton Sucharow Researching Possible Securities Law Violations - StoneMor Inc. (STON)

Wilmington, Delaware--(Newsfile Corp. - May 26, 2022) - Rigrodsky Law, P.A. is investigating StoneMor Inc. ("StoneMor") (NYSE: STON) regarding possible breaches of fiduciary duties and other violations of law related to StoneMor's agreement to be acquired by Axar Capital Management, LP. Under the terms of the agreement shareholders will receive $3.50 in cash for each share of StoneMor common stock they own.To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-stonemor-incTo contact Seth D....

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating StoneMor, Inc. Buyout

STONEMOR INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of StoneMor Inc. - STON

A suitor wants to fully own the death care industry leader.

Why StoneMor Stock Skyrocketed Today

StoneMor Inc (NYSE: STON) has agreed to be acquired by a subsidiary of Axar Capital Management LP. StoneMor shareholders will receive $3.50 in cash per share, representing a 54.2% premium to the company's closing share price on May 24, 2022.

Why StoneMor Shares Are Soaring Today

MILWAUKEE , May 25, 2022 /PRNewswire/ -- Ademi LLP is investigating StoneMar (NYSE: STON) for possible breaches of fiduciary duty and other violations of law in its transaction with Axar.  Click here to learn how to join the action: https://www.ademilaw.com/case/stonemor-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether StoneMor Inc. has obtained a Fair Price in its transaction with Axar

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of StoneMor Inc. (NYSE: STON) to a subsidiary of Axar Capital Management, LP for $3.50 in cash per share is fair to StoneMor shareholders. Halper Sadeh encourages StoneMor shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns w

STON Stock Alert: Halper Sadeh LLP Is Investigating Whether the Sale of StoneMor Inc. Is Fair to Shareholders

StoneMor Stockholders to Receive $3.50 Per Share in Cash StoneMor Stockholders to Receive $3.50 Per Share in Cash

StoneMor Inc. Enters into Agreement to be Acquired by Axar Capital Management, LP

StoneMor Inc. (NYSE:STON ) Q1 2022 Earnings Conference Call May 12, 2022 4:30 PM ET Company Participants Keith Trost - SVP, Corporate Communications Joe Redling - President & CEO Jeffrey DiGiovanni - CFO Conference Call Participants Operator Greetings. And welcome to the StoneMor First Quarter Earnings Release.

StoneMor Inc. (STON) CEO Joe Redling on Q1 2022 Results - Earnings Call Transcript

BENSALEM, Pa., May 12, 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 first quarter ended March 31, 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.

Stonemor Inc. Reports First Quarter Financial Results

BENSALEM, Pa., April 29, 2022 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE: STON) , a leading owner and operator of cemeteries and funeral homes, today announced it expects to release 2022 first quarter financial results on Thursday, May 12th, 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.

StoneMor Inc. Announces Date of Conference Call and Webcast To Discuss 2022 First Quarter Financial Results

The deathcare specialist has valuable hidden assets, a management team that's making better use of them, and the potential for a sale.

Unearth a Great Value Stock With StoneMor

StoneMor Inc. (STON) CEO Joe Redling on Q4 2021 Results - Earnings Call Transcript

News for StoneMor Partners Stock (STON)