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Corning Incorporated (GLW) Deal With Becton, Dickinson and Company (BDX) Includes $33 Million for Durham Building


11/21/2012 9:35:32 AM

The Becton Dickinson lab equipment building in Durham’s Treyburn business park now belongs to Corning Inc., along with the majority of BD’s Discovery Labware business. Corning (NYSE: GLW) had announced in April its plans to acquire BD’s Discovery Labware business for $720 million in cash, and the deal was finalized on Nov. 1, as noted in this news release. Included in the Corning deal was BD’s 174,000-square-foot light manufacturing facility in north Durham. The building was transferred to Corning this month in a real estate transaction valued at $33 million, according to Durham County deed records.


   

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