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3M
MMM today announced that its direct wholly-owned subsidiary, Ventura Acquisition Corporation, has completed its cash tender offer for Cogent, Inc.
COGT.
As contemplated by the terms of the previously announced merger agreement, 3M intends to acquire the remaining publicly held shares of Cogent common stock in a second-step merger in which each outstanding Cogent share that was not acquired by 3M in the offer will be converted into the right to receive $10.50 in cash and Cogent will become a wholly-owned subsidiary of 3M.
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Posted In: NewsM&AElectronic Equipment ManufacturersIndustrial ConglomeratesIndustrialsInformation Technology
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