Article: Service corporation international divests Roswell, New Mexico Funeral Home as part of FTC settlement.

M2 PRESSWIRE-19 May 2000-US FTC: Service corporation international divests Roswell, New Mexico Funeral Home as part of FTC settlement (C)1994-2000 M2 COMMUNICATIONS LTD

RDATE:18052000

Service Corporation International (SCI) has divested the LaGrone Funeral Home, one of its two funeral homes in Roswell, New Mexico, in settlement of Federal Trade Commission antitrust charges. The proposed settlement is designed to remedy the FTC's anticompetitive concerns arising from SCI's acquisition of the LaGrone Funeral Home.

SCI, based in Houston, Texas, is the nation's largest chain of funeral homes and cemeteries. At the time of the acquisition, LaGrone ...

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