FTC Clears Way for Corning to Buy 3M’s Optical-Fiber Business for $900 Million
The FTC cleared the way for Corning to buy 3M’s Communication Markets Division for $900 million, said an early termination notice Wednesday and released the next day, ending the transaction’s Hart-Scott-Rodino waiting period. Corning’s Optical Communications sector will acquire about…
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$400 million in annual sales of high bandwidth and optical fiber products from 3M, said Corning’s mid-December announcement.