Updated: Imation Winds Down Minnesota Operations



Updated 1/8 12:03pm – Digging into the press release below, we learn that “The Company will continue to occupy a small portion of the corporate facility as it winds down its operations in Minnesota.”

Via News Release

“OAKDALE, Minn.–(BUSINESS WIRE)–Imation Corp. (NYSE:IMN) (“Imation” or the “Company”) today announced divestitures of its corporate headquarters facility in Oakdale, Minnesota for a gross purchase price of $11.5 million and its Memorex trademark and two associated trademark licenses for $9.4 million.”