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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) December 1, 1998
THE LOEWEN GROUP INC.
(Exact name of registrant as specified in its charter)
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British Columbia, Canada 0-18429 98-0121376
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(State or other jurisdiction of (Commission File Number) (IRS Employer Identification No.)
incorporation)
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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
(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
December 1, 1998
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: December 1, 1998
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 December 1, 1998
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THE LOEWEN GROUP INC.
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(NYSE, TSE, ME: LWN)
NEWS
Contact:
Thomas C. Franco
Broadgate Consultants, Inc.
Tel: (212) 232-2222
THE LOEWEN GROUP EXPANDING SEARCH COMMITTEE
FOR NEW DIRECTORS
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VANCOUVER, BC, December 1, 1998 -- The Loewen Group Inc. (NYSE, TSE, ME: LWN)
announced today that the Board of Directors is expanding its search committee to
identify and recommend three new members to join the Company's Board of
Directors. The Company said it plans to accelerate the process of identifying
and selecting three qualified outside directors to replace the management
directors who have agreed to retire from the board before the Company's annual
meeting in May of 1999.
The expanded search committee will be comprised of three current Loewen
independent directors, including The Right Honorable John N. Turner, former
Prime Minister of Canada, Charles B. Loewen (no relation to Raymond L. Loewen)
and James D. McLennan, as well as Thomas M. Taylor, President of TMI-FW, Inc.,
beneficial owner of approximately nine percent of the Company's Common Stock.
The Company is currently engaged in discussions with other major institutional
shareholders, with the objective of appointing two additional nominees for the
search committee.
Commenting on the announcement, Robert Lundgren, President, Chief Executive
Officer and Co-Chairman said, "We look forward to the perspective of Mr. Taylor
and other shareholder designees in helping the Company identify new Board
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members who can add value to our on-going efforts to improve the Company's
performance and maximize long-term shareholder value."
The Loewen Group Inc. is the second largest funeral home and cemetery operator
in North America. The Company employs approximately 16,000 people and owns or
operates more than 1,100 funeral homes and over 500 cemeteries across the United
States, Canada and the United Kingdom. Over 90 percent of the Company's revenue
is derived from the United States.
The Loewen Group's website is located at http://www.loewengroup.com