Stonemor inc. announces receipt of amended “going private” proposal

Stonemor inc. announces receipt of amended “going private” proposal.stonemor partners lp - received an amended proposal from axar capital management, proposing to acquire shares not owned for $0.80 per share in cash.stonemor partners lp - transaction contemplated by amended proposal would not be contingent on any financing.stonemor partners lp - special committee has engaged faegre drinker biddle & reath llp as its legal counsel.stonemor partners lp - transaction contemplated by amended proposal would be funded with equity from axar and its affiliates.stonemor partners lp - special committee has engaged duff & phelps, llc as its financial advisor.
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