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BRIEF-Pico Holdings announces sale of a majority of its oil & gas assets for $10.2 mln

Oct 10 Pico Holdings Inc :

* Pico Holdings, Inc announces the sale of a majority of its oil & gas assets

* Says that on October 7, its Mendell Energy Group of companies closed on sale of a majority of their oil and gas assets

* Says gross proceeds of sale worth $10.2 million

* Says sale transaction will be recorded in company's consolidated statement of operations in Q4 of 2016 Source text for Eikon: Further company coverage:

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