The $130M deal will give AIM majority ownership of the GP.
What does this mean for unit holders? STON has only been able to pay its lofty dividend by issuing new shares. Will the new GP change the MO?
Should be interesting
I agree with gambler99 here. Miller hasn't sold and they have enough flow to pay div. It's more obvious that acquisitions money is being generated by the offering than to pay dividend. fcfguy's comments are just absurd; to quote gambler "nonsense"! Buying opportunity here.
It means no such thing...money will be used for accretive acquisitions from Service Corp...more income producing cemetaries, more guaranteed income, more perpetual care funds to work with....when Larry Miller sells shares, I will sell shares, and he hasn't sold a share....stop posting nonesense.