LEVITTOWN, Pa., March 16, 2011 (GLOBE NEWSWIRE) -- StoneMor Partners L.P. (Nasdaq:STON) announced today that it was rescheduling its Investors' Conference Call, originally scheduled for Wednesday, March 16, 2011, at 11:00 AM EDT until the date of filing its Annual Report on Form 10-K for 2010, which is expected to occur on or before March 31, 2011. At issue is the accounting treatment of a transaction with the Archdiocese of Detroit in the third quarter of 2010 which has no material effect on our cash distributions or available cash. We believe that any potential change in method of accounting would have no material impact on the company's cash flow, distributions or results of operations for the fourth quarter. The contribution of these three locations to the company's operating earnings is not materially significant to StoneMor's results.
StoneMor Partners L.P. Announces Postponement Of Its Investors' Conference Call And Filing Of Form 10-K
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