3M (MMM) has terminated its deal to purchase Avery Dennison's (AVY) Office and Consumer Products...

|About: 3M Company (MMM)|By:, SA News Editor

3M (MMM) has terminated its deal to purchase Avery Dennison's (AVY) Office and Consumer Products business. Commenting on the news, Jesse Singh, MMM's VP and GM of Stationery and Office Supplies says “While we are disappointed with this turn of events, we remain focused, as always, on investing in product innovation and providing our customers with a broad range of premier products.” AVY -3.3%, MMM -0.3%.