Park Lawn Company Limited

October 15, 2010 10:43 ET

Park Lawn Company Limited Announces it Will Not Proceed With A Business Combination With Park Lawn Income Trust

TORONTO, ONTARIO--(Marketwire - Oct. 15, 2010) - Park Lawn Company Limited ("Park Lawn") (CNSX:PRL) announced today that it will not be proceeding at this time with a proposed merger with Park Lawn Income Trust (the "Fund") as part of the Fund's conversion to a corporation.

Park Lawn Company Limited and Park Lawn Income Trust had previously announced their intention to combine their respective businesses contemporaneously with the conversion of Park Lawn Income Trust to a corporation. It has, however, after further consideration and analysis been determined that there is insufficient merit to proceed with a business combination at this time.

Neither the Canadian National Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Park Lawn Company Limited
    Frank Mills