3M Co. (MMM) Provides Preliminary Results of Split-Off Exchange Offer

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3M Announces Preliminary Results of Split-Off Exchange Offer; Intends to Accept Tendered Shares and Expects Closing of the Neogen Transaction Today

September 1, 2022 6:30 AM EDT

ST. PAUL, Minn., Sept. 1, 2022 /PRNewswire/ -- 3M (NYSE: MMM) announced today the preliminary results of its split-off exchange offer to 3M stockholders to exchange their shares of 3M common stock for shares of common stock of Garden SpinCo Corporation ("SpinCo"). The exchange offer was conducted in connection with the previously announced pending separation of 3M's food safety business and the subsequent merger of SpinCo, a subsidiary of 3M formed to hold the food safety business, with a subsidiary of... More