BRIEF-Pryce Corp Says Approved Initiative To Study Spinning Off Of Its Memorial Park Business

Dec 7 (Reuters) – Pryce Corp PPC.PS:

• APPROVED AN INITIATIVE TO STUDY THE SPINNING OFF OF ITS MEMORIAL PARK BUSINESS

• SPUN-OFF CO WILL BE TENTATIVELY NAMED PRYCE MEMORIAL PARK, INC & WILL HAVE SEPARATE MANAGEMENT STRUCTURE

• THE BOARD APPROVED AN ACTION FOR MANAGEMENT TO IDENTIFY OR LOOK FOR A SOLAR ENERGY FIRM WITH WHOM THE COMPANY COULD PARTNER

Source text for Eikon: ID:nPSX7rRXv2

Further company coverage: PPC.PS

((Reuters.Briefs@thomsonreuters.com;))