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Corning (GLW) will acquire a majority of Becton Dickinson's (BDX) Discovery Labware unit for...

Corning (GLW) will acquire a majority of Becton Dickinson's (BDX) Discovery Labware unit for $730M in cash. Corning says the deal will enhance its portfolio of life sciences products and add to its effort to meet its $10B revenue target in the next few years. GLW +0.7%, BDX +0.7% premarket.
Comments (1)
  • Last weekend, I read through the half inch thick annual report.

     

    The CFO marveled at the "fortress" balance sheet.

     

    The life sciences revenues are growing for Corning.

     

    This makes sense.

     

    What an odd thing that something in today's markets would make sense.
    10 Apr 2012, 10:33 AM Reply Like
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