Cases
PCM, Inc. (NASDAQ: PCMI)
Merger
Overview
Overview
- Date:
- 6/24/2019
- Company Name:
- PCM, Inc.
- Stock Symbol:
- PCMI
- Company Name - Buyer:
- Insight Enterprises, Inc.
- Status:
- Closed/Complete
- Merger Announcement Date:
- 6/24/2019
NEW YORK, June 24, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of PCM, Inc. (NASDAQ: PCMI) on behalf of PCM shareholders concerning its proposed acquisition by Insight Enterprises, Inc.
Pursuant to the proposed transaction, announced on June 24, 2019, and valued at $581 million, PCM shareholders will receive $35 for each share of PCM common stock owned. The investigation focuses on whether PCM and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own PCM shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on June 24, 2019, and valued at $581 million, PCM shareholders will receive $35 for each share of PCM common stock owned. The investigation focuses on whether PCM and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own PCM shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.