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Imation Corp launches investment adviser subsidiary

Feb 03, 2017 - Hedgeweek

Imation Corp has launched an investment adviser subsidiary, GlassBridge Asset Management. 

In conjunction with the launch, Imation has 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 corporate headquarters will remain in Oakdale, Minnesota.

 

The launch of GlassBridge is the result of the closing of a transaction with...