Advertisement
YOU ARE HERE: LAT HomeCollectionsLoewen Group
IN THE NEWS

Loewen Group

FEATURED ARTICLES
ARTICLES BY DATE
BUSINESS
October 11, 1996 | Times Staff and Wire Reports
The board of Loewen Group unanimously rejected Service Corp. International's sweetened $2.9-billion takeover bid.
Advertisement
BUSINESS
October 11, 1996 | Times Staff and Wire Reports
The board of Loewen Group unanimously rejected Service Corp. International's sweetened $2.9-billion takeover bid.
BUSINESS
April 4, 2006 | From Bloomberg News
Service Corp. International, the biggest owner of funeral homes and cemeteries, agreed to acquire No. 2 Alderwoods Group Inc. for $856 million, adding more than 700 locations. Investors in Cincinnati-based Alderwoods, formerly Loewen Group Inc., will receive $20 a share in cash, 12% more than the stock's closing price March 31, and Houston-based Service Corp. will assume $374 million in debt.
BUSINESS
May 1, 1992
After three generations as a family business, Neels Brea Mortuary has sold the firm to a national management company for an undisclosed amount. Carol D. Weddle, whose grandfather started the business in 1911, said that the mortuary will retain its staff and that he has signed a 10-year contract to continue running the business. Weddle is 58. The mortuary, which conducts about 300 funerals a year, was sold to Loewen Group Inc. of Burnaby, Canada.
BUSINESS
January 8, 1997 | Times Staff and Wire Reports
Service Corp. International, the world's largest funeral home operator, called off its hostile attempt to acquire rival Loewen Group, saying Loewen's rapid expansion made a purchase too risky. Saying it wanted to remain independent, Loewen twice rejected offers from Houston-based Service Corp., which sweetened its bid to about $2.7 billion in October. Service Corp. had said it would take the offer directly to Loewen shareholders. Loewen, based in Burnaby, Canada, also sued Service Corp.
BUSINESS
November 21, 1996 | Times Staff and Wire Reports
A partnership between Vancouver-based Loewen Group, the nation's second-largest funeral and cemetery services company, and the Blackstone Group investment bank of New York has completed its $240-million purchase of Rose Hills Memorial Park. A charitable foundation, Rose Hills Foundation, has been created with the proceeds of the sale and will be setting up guidelines to apply for funds, said Victoria Rogers, executive director. Dennis C.
Los Angeles Times Articles
|