Search results
Results From The WOW.Com Content Network
The Alderwoods Group formed on January 2, 2002, after the Loewen Group, then the second largest funeral home and cemetery operator in North America, emerged from bankruptcy. [2] In November 2006, Alderwoods was acquired by Service Corporation International in a US$1.2 billion deal reached in April of the same year. [3] [4]
In 1985 Loewen Group went public and, in 1987, the company expanded into the United States. In the years that followed, Loewen rapidly expanded his company, purchasing hundreds of small independent funeral homes. By the mid-90s, the company had 15,000 employees and operated 1,115 funeral homes and was the world's second-largest funeral chain. [10]
Best Products – filed for bankruptcy for the second time in September 1996 [33] [34] and closed all of its stores by the following February [35] [36] Brendle's – became bankrupt and liquidated in 1996 [37] [38] Consumers Distributing – sought bankruptcy protection in 1996; Ellman's – acquired by Service Merchandise in 1985 [39] [40]
Conn’s HomePlus, a 134-year-old furniture and electronics retailer with locations primarily in the southern United States, has filed for bankruptcy and is closing nearly half of its 170 stores.
Much of that debt was issued for "operating capital" but the Ewings also owe more than $372,000 for a motor home, more than $52,000 for a GMC pickup truck, more than $71,000 for two luxury SUVs ...
Service Corporation International is an American provider of funeral goods and services as well as cemetery property and services. It is headquartered in Neartown, Houston, Texas, and operates secondary corporate offices in Jefferson, Louisiana (near New Orleans). [5] [6] SCI operates more than 1500 funeral homes and 400 cemeteries. [1]
In addition, the investment bank Lehman Brothers filed for Chapter 11 bankruptcy protection in September 2008, citing bank debt of $613 billion and $155 billion in bond debt. The solvency of other U.S. banks was severely threatened, forcing the George W. Bush government to intervene with the $700 billion bailout plan of the Troubled Asset ...
Pella developers Jeffrey and Tina Ewing filed for bankruptcy, but did not provide needed financial documents, so a judge dismissed their case.