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Article: PC Mall to Acquire SARCOM, Inc.
- Article from:
- Business Wire
- Article date:
- August 20, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORRANCE, Calif. -- PC Mall, Inc. (NASDAQ:MALL) today announced that it has entered into an agreement to acquire SARCOM, Inc., one of the nation's largest independent IT solutions providers. Under the terms of the agreement, PC Mall will pay an aggregate purchase price of $55 million, consisting of $47.5 million in cash and up to $7.5 million in shares of PC Mall stock. The purchase price is subject to adjustment on a dollar for dollar basis to the extent that SARCOM's net asset value (as defined in the agreement) is greater or less than $19.6 million at closing. The acquisition will be effected by merging a subsidiary of PC Mall into SARCOM, and SARCOM will become a ...
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Article: SARCOM Board Promotes Rick Mills to CEO.
PR Newswire;
July 17, 2001 ;
700+ words
... ... COLUMBUS, Ohio, July 17 /PRNewswire/ -- SARCOM, Inc. announced today that Rick Mills ... s recent board meeting. Mills joined SARCOM, Inc. in late January as president and ... changes that Rick has made to benefit SARCOM in the short time that he joined the company ...
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