PC Mall Finishes eCOST.com Spinoff

Share this article:
PC Mall Inc. completed its spinoff of eCOST.com Inc., PC Mall said yesterday.


PC Mall, Torrance, CA, markets computers and accessories for businesses, government and educational institutions through its PC Mall and Mac Mall catalogs and Web sites. ECOST.com is a discount retailer of new, closeout and used brand-name merchandise for consumers and small businesses that went public last year.


On March 28, PC Mall distributed to its stockholders all 14 million shares of eCOST.com common stock that PC Mall owned prior to the spinoff. Each holder of PC Mall common stock as of the record date became entitled to receive about 1.2071 shares of eCOST.com common stock for each share of PC Mall common stock held. As a result of the distribution, PC Mall no longer owns any shares of eCOST.com.


Chantal Todé covers catalog and retail news and BTB marketing for DM News and DM News.com. To keep up with the latest developments in these areas, subscribe to our daily and weekly e-mail newsletters by visiting www.dmnews.com/newsletters


Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

Wine.com Uncorks New Digital Marketing Opportunities

Wine.com Uncorks New Digital Marketing Opportunities

The online wine retailer's strategy incorporates different flavors and depths.

93% of Companies Are Ineffective at Cross-Channel Marketing

93% of Companies Are Ineffective at Cross-Channel Marketing ...

Companies point to a lack of resources as the most common reason for lackluster marketing integration, a study says.

Metal Mulisha Races Towards Customization

Metal Mulisha Races Towards Customization

The motocross apparel company boosts mobile and Web conversions through product recommendations and personalized search.

Copyright © 2014 Haymarket Media, Inc. All Rights Reserved
This material may not be published, broadcast, rewritten or redistributed in any form without prior authorization.
Your use of this website constitutes acceptance of Haymarket Media's Privacy Policy and Terms & Conditions.