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Stock Market & Financial Investment News

News Breaks
August 8, 2014
09:01 EDTPCMIPCM, Inc. unit agrees to sell real estate for $20.2M
PCM, Inc. announced that on August 6, one of its wholly-owned subsidiaries entered into an agreement with The Regents of the University of California to sell certain real property to them for a total cash sales price of $20.2M. The real property is located in Santa Monica, California and includes two parcels. The first parcel is approximately 32.5K square feet of land together with a building of approximately 9,750 square feet. The building is currently being used by our subsidiary as a technology products retail store. The second parcel is adjacent to the first, and is approximately 5K square feet of land together with a building of approximately 3,297 square feet. The agreement currently contemplates a closing of the purchase and sale transaction in Q4 and will result in a book gain of over $15M.
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September 10, 2014
07:02 EDTPCMIPCM, Inc. selected by Cincinnati Bengals with Extreme Networks for Wi-Fi
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