FTC Puts Conditions on Service Corporation International’s Proposed $1.4 Billion Acquisition of Rival Funeral and Cemetery Services Provider

Service Corporation International (SCI), the nation’s largest provider of funeral and cemetery services, has agreed to sell 53 funeral homes and 38 cemeteries to resolve Federal Trade Commission charges that its proposed $1.4 billion acquisition of Stewart Enterprises, Inc. (Stewart) is likely to substantially lessen competition in 59 communities throughout the United States. SCI owns […]