Company News

Updated: September 3, 2008 - 10:22 PM

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DEBT AND EQUITIES

Digital Angel, South St. Paul, received a special dividend of about $7.2 million in cash from VeriChip Corp. VeriChip previously announced that it would pay a special cash dividend of $1.35 per share Aug. 28 to stockholders of record Aug. 18. Digital Angel owns approximately 45 percent of the common stock of VeriChip Corp.

Mergers and acquisitions

3M Co., Maplewood, completed acquisition of Ligacon AG, a Swiss-based maker and supplier of filtration systems and filter elements for the pharmaceutical, biotech and general industrial markets. Terms were not disclosed.