Brief: AMREP Sells Its Palm Coast Fulfillment Services Business

AMREP

26/04/2019 22:42

April 26 (Reuters) - AMREP Corp  AXR.N :
    * PRESS RELEASE - AMREP SELLS ITS PALM COAST FULFILLMENT
SERVICES
BUSINESS
    * AMREP CORP - SOLD ITS FULFILLMENT SERVICES BUSINESS
OPERATED BY
PALM COAST DATA TO STUDIO MEMBERSHIP SERVICES LLC, A SUBSIDIARY
OF IRISH STUDIO LLC
    * AMREP CORP - BUYER PAID COMPANY $1.0 MILLION IN CASH ON
CLOSING
AND ENTERED INTO TWO LONG-TERM TRIPLE NET LEASES AS TENANT FOR
COMPANY'S OWNED FACILITIES

Source text for Eikon:  ID:nGNX9Wth8N 
Further company coverage:  AXR.N 

 (Reuters.Briefs@thomsonreuters.com)