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Technology Stocks : Corning Incorporated (GLW)
GLW 83.60+0.8%3:59 PM EST
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To: Proud_Infidel who wrote (1729)6/4/2002 9:50:45 AM
From: Sidney Street  Read Replies (2) of 2260
 
< Corning Inc. sold its Appliance Controls Group unit to private equity firm Jacobson Partners for an undisclosed amount.>
Brian - Thanks for catching this; the unit being sold was a legacy of the Oak acquisition to get Lasertron. While they are nice cash flow generators, they are farther from the core business than Pyrex. I just hope they got a decent price.
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