3M announced Tuesday that it will acquire California-based Avery Dennison Corporation for $550 million in cash. The company specializes in labels, binders, presentation products, and highlighters. The move is expected to strengthen 3M's position in the worldwide office-supply sector.
Subzero wind chills in Minnesota most of this week
Any good news? Yes, there's some.
Missing: Minnesota man last seen in Sioux Falls area
Aaron Pearson, 41, was reported missing on Thursday.
Protest for Tyre Nichols to be held outside MN Governor’s Mansion
Activists groups say they’ll call on Gov. Tim Walz and the Legislature to implement police reforms.
Minnesota pool contractor banned from industry, must pay $2 million-plus
Minnesota Attorney General Keith Ellison filed suit against Charles Workman and his company, MN Crete Pools, LLC, in August.
St. Paul man identified as victim of north Minneapolis homicide
The shooting occurred on the 2200 block of Emerson Avenue North on Wednesday.
Two youths seriously injured after being struck by driver in Bloomington
Police say the boy is in a critical condition, while the girl has severe injuries.
Two men sentenced for carjacking in Rosedale Center parking lot
Leon Kismit Bell, 49, and Jack Mitchell Piche, 23, were sentenced in U.S. District Court on Jan. 20.
Police: Truck burst into in flames after driver rammed Hutchinson squad car
The incident occurred Wednesday evening.
Police identify White Bear Lake officer shot while serving warrant
The officer is a six-year veteran of the department.
Minnesota Senate passes bill codifying abortion into state law
Having already passed in the House, it will now be sent to Gov. Tim Walz for signing into law.
Tyre Nichols: Initial police version of events bear similarities to George Floyd killing
Memphis PD said Nichols complained of 'shortness of breath' following 'confrontations' with police, who in reality violently beat him.
Authorities ID man who died during police standoff in Winsted
Warning: This story mentions suicide.
3M gives up on acquisition amid Justice Department antitrust threat
3M's plan for a $550 million acquisition of Avery Dennison Corp.'s office products division has been cancelled. The Justice Department planned an antitrust lawsuit if the companies went through with the deal, which would have given 3M control of more than 80 percent of the market for labels and sticky notes.
3M still working on a deal to acquire Avery Dennison division
3M's chief financial officer says the Maplewood-based company is still trying to address objections by the U.S. Department of Justice to purchase Avery Dennison's office-supplies division for $550 million. Reuters reports CFO David Meline told investors, "We have a contract that remains in place at the present time and we are reviewing the situation."
3M still wants to acquire Avery Dennison division despite DOJ concerns
3M Co. still wants to complete a $550 million deal to buy Avery Dennison Corp.'s office-products division, according to a Wednesday morning statement. On Tuesday, the U.S. Department of Justice said the Maplewood-based company decided to terminate the proposed acquisition after the agency threatened to block the deal.
PepsiCo hires 3M's chief design officer
After 10 years at Maplewood-based 3M, Mauro Porcini will now focus on expanding Pepsi's 12 biggest brands, Fast Company reports. At 3M, Porcini had a role in designing office supplies, health care products and built a sought-after design team. Porcini joins PepsiCo on July 2.
You Can Get BMTN Special Offers!