Energy News / Shareholders Foundation, Inc.

NASDAQ:PCMI Investor Alert: Investigation of Takeover of PCM, Inc.

Via: ReleaseWire

Updated 11:00 AM CDT, Wed, July 24,2019

An investigation on behalf of investors of PCM, Inc. (NASDAQ: PCMI) in connection with the proposed takeover was announced and NASDAQ: PCMI stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 07/24/2019 -- An investigation was announced concerning whether the takeover of PCM, Inc. is unfair to NASDAQ: PCMI stockholders.

Investors who purchased shares of PCM, Inc. (NASDAQ: PCMI) and currently hold any of those NASDAQ: PCMI shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of PCM, Inc. breached their fiduciary duties owed to NASDAQ: PCMI investors in connection with the proposed acquisition.

El Segundo, CA based PCM, Inc., through its subsidiaries, operates as a multi-vendor provider of technology products and solutions in the United States and the rest of Europe. On June 24, 2019, Insight Enterprises(Nasdaq: NSIT) and PCM, Inc. (Nasdaq: PCMI) have entered into an agreement under which Insight will acquire PCM for $35 per share.

However, the investigation concerns whether the offer is unfair to PCM, Inc. (NASDAQ: PCMI stockholders. More specifically, the investigation concerns whether the PCM, Inc. (NASDAQ: PCMI Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

On July 23, 2019, NASDAQL PCMI shares closed at $34.77 per share.

Those who are current investors in PCM, Inc. (NASDAQ: PCMI) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqpcmi-investor-alert-investigation-of-takeover-of-pcm-inc-1249438.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com