How much can a $110M acquisition move the needle for a $60B company? 3M (MMM -0.9%) thinks it's...

|By:, SA News Editor

How much can a $110M acquisition move the needle for a $60B company? 3M (MMM -0.9%) thinks it's a small price to pay for entry into the $3B electronic tolling industry expected to grow 12% a year "as government agencies increasingly rely on tolling to fund roadway infrastructure." Meanwhile, Federal Signal (FSS +18.8%) sold the unit for almost double the amount analysts expected.