Corning: A Takeover/Activist Investor Target And A Gorilla Glass Innovation
- The company's shares post-earnings sell off may cause large investors to push management to make major changes in the company.
- Continuing failure by GLW management to maximize shareholder value may result in large investors calling for a break up of GLW or in a company taking over GLW.
- Given GLW’s size, the more likely outcome is that the company divests the profitable but price sensitive LCD glass unit.
- Gorilla Glass innovation with respect to healthcare applications will boost GLW’s performance even if takeover/activist investor activity is not imminent.