other material
confidence high
sentiment neutral
materiality 0.70
Carriage Services initiates strategic alternatives review including possible sale or merger
CARRIAGE SERVICES INC
- Board of Directors launched process to explore strategic alternatives to maximize shareholder value.
- Lazard hired as financial advisor; Sidley Austin as legal advisor for the review.
- No assurance that the process will result in a transaction or on timing of any deal.
- Company will not comment further unless material developments occur.