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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.
News For PCMI From The Last 14 Days
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October 20, 2014
09:02 EDTPCMIPCM, Inc. unit awarded two contracts
PCMG, Inc., a subsidiary of PCM, Inc., announced that NASA has awarded PCMG two contracts on the $20B Solutions for Enterprise-Wide Procurement government-wide contract. PCMG has been awarded Group A, Computer Based Systems and Group D, Network Devices, Computer Security Tools and Advanced Video and Conference Tools. PCMG’s SEWP V contracts are open to all U.S. Civilian and Department of Defense agencies to meet their requirements for a broad array of technology solutions and related services.

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