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27 Current news of 3Mrss
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3M announced that the Board of Directors elected W. James Farrell, 64, retired chairman, Illinois Tool Works Inc., to the Board of Directors. The board has determined that Farrell is an independent director under the New York Stock Exchange listing standards and the board's independence ...
Acquisition of Gas Detection Systems Expands 3M Safety Product Line
3M has entered into a definitive agreement to acquire Aerion Technologies Inc., a provider of environmental monitoring products including gas detection systems. Terms of the transaction were not disclosed. This acquisition broadens 3M's spectrum of safety products - for detection and protection ...
Acquisition Broadens 3M's Preventive Dental Product Line
3M announced that it has entered into a definitive agreement to acquire OMNII Oral Pharmaceuticals, a provider of differentiated preventive dental products, solutions and support for dental professionals. Terms of the transaction were not disclosed. Increasing recognition of the link between ...
3M announced that George W. Buckley has been elected chairman, president and chief executive officer, effective immediately. He succeeds interim chairman and CEO Robert S. Morrison, who has led the company since July 1, 2005. Buckley, 58, comes to 3M from Brunswick Corporation where he served as ...
3M completed its acquisition of CUNO Incorporated after CUNO's shareholders voted in favor (i.e., 72.5 percent of CUNO's outstanding shares) of the all cash transaction for $72 per share in a special shareholders meeting. CUNO, a subsidiary of 3M with its headquarters in Meriden, Conn., designs, ...
3M announced that Robert S. Morrison, retired vice chairman, PepsiCo Inc. and former chairman and chief executive officer of Quaker Oats Co., has been named interim chairman and chief executive officer, effective immediately. Morrison's appointment follows the announced departure of former 3M ...
Acquisition Broadens 3M's Filtration Platform
3M and CUNO Inc. announced that they have entered into a definitive agreement for 3M's acquisition of CUNO in an all cash merger for $72 dollars per share, valuing the transaction at approximately $1.35 billion including the assumption of $60 million of existing net debt. CUNO is a leader in the ...