Stewart Enterprises (STEI) Confirms SCI Withdraws $11 Bid

October 8, 2008 8:52 AM EDT

Stewart Enterprises, Inc. (Nasdaq: STEI) today confirmed that Service Corporation International has indicated that it is withdrawing its previously proposed $11 bid for Stewart.

Stewart Enterprises, Inc., through its subsidiaries, provides funeral and cemetery products and services for death care industry in the United States.


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