Park Lawn Completes Go-Private Transaction

Park Lawn (TSE:PLC) has released an update.

Park Lawn Corporation has finalized its transaction to go private through an arrangement with Homesteaders Life Company and Birch Hill Equity Partners, with shareholders receiving $26.50 per share in cash. Following the arrangement, Park Lawn’s common shares and debentures will be delisted from the Toronto Stock Exchange and the company will cease to be a reporting issuer.

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