- PR Newswire•13 days ago
OAKDALE, Minn., Feb. 10, 2017 /PRNewswire/ -- Imation Corp. (IMN) (the "Company") today announced that it will change its name to "GlassBridge Enterprises, Inc." The name change follows the launch of the Company's investment adviser subsidiary, GlassBridge Asset Management, LLC, and the successful conclusion of the transition of the Company's principal business activities to become a publicly-traded alternative asset manager. The name change will be accomplished through a short-form merger pursuant to Section 253 of the General Corporation Law of the State of Delaware. A subsidiary formed solely for the purpose of the name change will be merged with and into the Company, with the Company remaining as the surviving corporation in the merger.
- PR Newswire•20 days ago
OAKDALE, Minn., Feb. 3, 2017 /PRNewswire/ -- Imation Corp. (IMN) ("Imation") today announced the launch of its investment adviser subsidiary, GlassBridge Asset Management, LLC ("GlassBridge"). In conjunction with the launch of GlassBridge, Imation has successfully concluded the transition of its principal business activities to become a publicly-traded alternative asset manager. Imation intends to rebrand as "GlassBridge Enterprises" in the summer of 2017. The launch of GlassBridge is the result of the closing of a transformative, strategic transaction (the "Transaction") with Clinton Group, Inc. ("Clinton"), a diversified asset management firm and an investment adviser registered with the U.S. Securities and Exchange Commission, on February 2, 2017.
- PR Newswire•last month
OAKDALE, Minn., Jan. 23, 2017 /PRNewswire/ -- Imation Corp. ("Imation") (IMN) today announced that its transaction with NXSN Acquisition Corp. ("NXSN"), an affiliate of Spear Point Capital Management LLC ("Spear Point"), pursuant to which all of the issued and outstanding common stock of Nexsan Corporation ("Nexsan") was sold to NXSN, has closed. Imation's leaders Bob Fernander, its Interim Chief Executive Officer, and Geoff Barrall, its Chief Technology Officer, will continue to run the Nexsan business as Chief Executive Officer and Chief Technology Officer of Nexsan, respectively, and will have seats on the new Nexsan board.
IMN : Summary for GLASSBRIDGE ENTERPRISES INC - Yahoo Finance
Imation Corp. (IMN)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||0.00 - 0.00|
|52 Week Range|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-0.25|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|