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Combat Arms Earplugs Settlement Set to Exceed 98% Participation Milestone
MMM3M(MMM) Prnewswire·2024-01-29 11:30

3M has elected to pay 1billionincash,insteadofstockST.PAUL,Minn.,Jan.29,2024/PRNewswire/Today,3M(NYSE:MMM)announcedthatclaimantparticipationintheCombatArmsEarplugslitigationsettlementisontracktoexceedthe981 billion in cash, instead of stock ST. PAUL, Minn., Jan. 29, 2024 /PRNewswire/ -- Today, 3M (NYSE: MMM) announced that claimant participation in the Combat Arms Earplugs litigation settlement is on track to exceed the 98% participation threshold set forth in the settlement agreement by the final registration date of March 25, 2024.  Under the terms of the settlement announced in August 2023, 3M agreed to pay a total of 6.0 billion to resolve the litigation over the time period of 2 ...