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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 14, 1997
THE LOEWEN GROUP INC.
(Exact name of registrant as specified in its charter)
British Columbia, Canada 0-18429 98-0121376
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(State or other jurisdiction of (Commission File Number) (IRS Employer
incorporation) Identification No.)
4126 Norland Avenue, Burnaby, British Columbia V5G 3S8
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(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code 604-299-9321
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N/A
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(Former name or former address, if changed since last report)
Exhibit Index is on page 3
Page 1 of 4
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ITEM 5. OTHER EVENTS.
Pursuant to Form 8-K, General Instructions F, registrant hereby incorporates by
reference the press release attached hereto as Exhibit 99.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
Exhibit No. Description
Exhibit 99 The Loewen Group Inc. Press Release dated November 14, 1997
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: November 17, 1997
THE LOEWEN GROUP INC.
By: /s/ Peter S. Hyndman
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Name: Peter S. Hyndman
Title: Corporate Secretary
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EXHIBIT INDEX
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Sequential
Number Exhibit Page Number
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99 The Loewen Group Inc. 4
Press Release dated November 14, 1997
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THE LOEWEN GROUP INC.
(NYSE, TSE, ME: LWN) NEWS
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Investor contacts: Media Contact:
Dwight Hawes, Vice President, Finance Dave Laundy, Vice President,
Chris Hunter, Director, Investor Relations Corp. Communications
The Loewen Group Inc. Tel: (604) 293-7857
Tel: (800) 347-7010
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FOR IMMEDIATE RELEASE
LOEWEN GROUP CHAIRMAN AND CEO
INCREASES SHARE OWNERSHIP
VANCOUVER, BC, November 14, 1997 -- Raymond L. Loewen, Chairman and Chief
Executive Officer of The Loewen Group Inc. ("TLGI"), announced today that he has
acquired 1,549,200 common shares of TLGI on the Toronto Stock Exchange, the
Montreal Exchange and the New York Stock Exchange at market prices between June
26, 1997 and November 14, 1997. As a result, he, together with his wife Anne
Loewen, beneficially own an aggregate of 10,386,581 common shares of TLGI.
Mr. Loewen also has options to acquire a further 1,550,747 common shares of
TLGI. Under the TLGI Management Equity Investment Plan, he has in aggregate,
rights to acquire 2,000,000 common shares starting in 1999.
The purpose of this purchase is for investment purposes. Mr. Loewen intends to
hold these shares and to purchase a further 2.3 million shares, subject to
market conditions.
With corporate offices in Vancouver and Philadelphia, The Loewen Group Inc. is
the second largest and fastest growing funeral home and cemetery operator in
North America in terms of revenues and assets. The Company employs approximately
17,000 people and owns or operates some 1,000 funeral homes and over 420
cemeteries across the United States and Canada. Over 90% of the Company's
revenue is derived from the United States.
The Loewen Group's website is located at http://www.loewengroup.com
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