Park lawn corporation responds to market rumours regarding a potential acquisition of carriage services, inc.

Toronto, on / accesswire / june 29, 2023 / park lawn corporation (tsx:plc)(tsx:plc.u) ("park lawn", "plc", or the "company") today confirmed, in response to industry media rumors, that it has submitted a preliminary all cash proposal to the board of directors of carriage services, inc. (nyse: csv) ("carriage") to purchase all of the outstanding stock of carriage. the proposal was made confidentially and subject to the completion of satisfactory due diligence and the negotiation and execution of a mutually satisfactory definitive acquisition agreement.
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