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Minneapolis Star-Tribune: Imation sells Oakdale headquarters, is leaving Minnesota

January 8, 2016

"Profitability is still a goal that's not yet in their sight," said Eric Martinuzzi, an analyst with Lake Street Capital Markets in Minneapolis.

"This closes one chapter and really helps focus the business," he added. "Anytime you're shedding 85 percent of revenue and concentrating on the other 15, that will naturally focus your efforts. There was a lot of wasted effort."

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