Brief: Amrep Corp says Unit Palm Coast Data entered into settlement agreement and mutual general release with the Florida Department of Economic Opportunity

AMREP

04/05/2017 22:39

May 4 (Reuters) - Amrep Corp  AXR.N  
    * Amrep Corp - Unit Palm Coast Data entered into settlement 
agreement and mutual general release with the Florida Department 
of Economic Opportunity 
    * Amrep Corp - Pursuant to settlement deal, PCD agreed to 
pay the state of Florida $1.8 million, award agreement was 
terminated 
    * Amrep Corp - Entered into guaranty agreement with state of 
Florida, guaranteed payment by PCD of amounts due to state of 
Florida under settlement deal 
 
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