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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Park Lawn Corporation (PLC)

Q: Why would you hold PLC for now after such a nice price increase? I noticed that TD recommended PLC on June 7 as Strong Buy. Thanks in advance for your comments.

Asked by Hali on June 12, 2024

5i Research Answer:

PLC announced a going-private transaction on June 4 at $26.50 per share. We would hold (for now) and tender into the takeover.

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