3M (MMM) agrees to pay $10.50/share to buy Cogent (COGT) in a deal that values the biometric...

|By:, SA News Editor

3M (MMM) agrees to pay $10.50/share to buy Cogent (COGT) in a deal that values the biometric identification firm at $943M. The deal marks an 18% premium to Cogent's closing price on Friday. MMM -0.25%, COGT +17.8%. (PR)