Inacom Corporation (ICO:NYSE) was a large national seller of PC's and services based in Omaha, Nebraska, at one point being the third-largest and most profitable computer distributor in the United States.
Throughout this time, Bill Fairfield served as president and chief executive officer of Inacom.
The acquisition of Vanstar reportedly added a large amount of debt, and it has been said that Inacom overpaid too much for a company of that size.
As the result of the failure to file the necessary SEC documents, existing credit agreements were terminated and the company had difficulty in arranging new financing.
On June 16, 2000, only twenty months after the acquisition of Vanstar, Inacom filed for chapter 11 bankruptcy and terminated all employees.