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Wednesday, August 28, 2019

Equity Corporate Actions Alert #2019 - 171
(UPDATED) Information Regarding the Merger of PCM, Inc. (PCMI)

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  • Industry Announcement

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At a special meeting held on August 26, 2019, the shareholders of PCM, Inc. (PCMI) approved the merger with Insight Enterprises, Inc. (NSIT). The merger closed prior to the market open on August 30, 2019. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. on August 29, 2019. The stock will remain halted on the day of closing (August 30th) and will be suspended effective September 3, 2019. The details are as follows:

Company: PCM, Inc.
Issue: Common Stock
CUSIP#: 69323K100
Symbol: PCMI
Last Trading Date: August 29, 2019
Marketplace Effective Date for Suspension: September 3, 2019
Merger Consideration: $35.00 for each share held.

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