A Much Downsized Imation Will Go Forward As A CA Holding Company



By Dee DePass, Star Tribune

“The nearly dissolved Imation Corp. announced Tuesday that it will operate in the future as a holding company with a single California-based subsidiary that focuses on data storage.

The former Oakdale-based firm, which spun off from 3M two decades ago, struggled for years before new managers decided to shut down or sell many aspects of the company last year.”

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