Park Lawn Corporation (TSX:PLC) submitted a preliminary all cash proposal to acquire Carriage Services, Inc. (NYSE : CSV) for $15.4 billion on June 13, 2023. Park Lawn Corporation will acquire Carriage Services for $34 per share in cash. The proposal is subject to the completion of satisfactory due diligence and the negotiation and execution of a mutually satisfactory definitive acquisition agreement. Carriage Services engaged Lazard Frères & Co. LLC as financial advisor and engaged J. Mark Metts of Sidley Austin LLP to act as special M&A counsel. Simpson Thacher & Bartlett LLP, Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisors and Scotiabank, Inc. as financial advisor for Park Lawn Corporation.

Park Lawn Corporation (TSX:PLC) cancelled the acquisition of Carriage Services, Inc. (NYSE : CSV) on October 2, 2023.