Antitrust Lawyer Blog Commentary on Current Developments

FTC Receives Sixth Petition for Approval of Proposed Divestiture from SCI and Alderwoods Group

On February 16, the Commission received a petition from Service Corporation International (“SCI”) and Alderwoods Group, Inc. seeking approval of a proposed divestiture related to SCI’s recent acquisition of Alderwoods. The FTC’s consent agreement and order required that SCI and Alderwoods divest a range of funeral home and cemetery service companies. Through this petition, the companies requested approval to divest Yuma Mortuary & Crematory of Yuma, Arizona, to C.E.J. Management, Inc. The FTC accepted public comments on the proposed divestiture for 30 days, until March 19, 2007, after which it decided to approve it.
Robert Doyle
(202) 589-1834
rdoyle@dbmlawgroup.com