3M spinoff Imation officially began operations this month as anindependent company. The Oakdale, MN, firm includes the businessthat was formerly 3M's medical imaging systems division (SCAN4/24/96). Imation's business units generated $2.3 billion in
3M spinoff Imation officially began operations this month as an
independent company. The Oakdale, MN, firm includes the business
that was formerly 3M's medical imaging systems division (SCAN
4/24/96). Imation's business units generated $2.3 billion in revenues
last year. Imation stock began trading on the New York Stock Exchange
July 16, with its price hovering at about $23 a share in mid-July.