Brief: Park Lawn Corporation To Acquire Cress Funeral Service Inc. For US$20.3 Mln

Park Lawn

20/02/2019 13:35

Feb 20 (Reuters) - Park Lawn Corp  PLC.TO :
    * PARK LAWN CORPORATION TO ACQUIRE CRESS FUNERAL SERVICE,
INC.
    * PARK LAWN CORP - DEAL FOR US$20.3 MILLION
    * PARK LAWN CORP - PURCHASE OF CRESS FUNERAL SERVICE TO BE
FINANCED USING COMPANY'S EXISTING CREDIT FACILITY.
    * PARK LAWN CORP - DEAL EXPECTED TO BE IMMEDIATELY ACCRETIVE
TO
ADJUSTED EBITDA AND ADJUSTED EARNINGS PER SHARE

Source text for Eikon:  ID:nCNWQ8Wp5a 
Further company coverage:  PLC.TO 

 (Reuters.Briefs@thomsonreuters.com)