Park Lawn Withdraws Offer to Purchase Carriage Services

In a news release notable for its brevity and message, Park Lawn Corp. announced on Oct. 2 that it “has declined to participate further in Carriage Services, Inc.’s previously announced strategic review process and that it has withdrawn its all cash proposal to purchase the outstanding stock of Carriage.”

The news release went on to say, “Park Lawn does not intend to comment further on its withdrawal from Carriage’s strategic review process or regarding the withdrawal of its offer unless it deems further disclosure is appropriate or required.”