Filed by Corning Incorporated
Pursuant to Rule 425 Under the Securities Act of 1933
And Deemed Filed Pursuant to Rule 14a-22
Under the Exchange Act of 1934
Subject company: Corning Incorporated
Commission File No. 001-3247
On April 4, 2000, Corning Incorporated issued the following press release:
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FOR RELEASE - APRIL 4, 2000
CORNING CONTACTS:
MEDIA RELATIONS INVESTOR RELATIONS
Robert W. DeMallie Katherine M. Dietz
(607) 974-8778 (607) 974-8217
[email protected] [email protected]
CORNING RECEIVES ANTITRUST CLEARANCE FOR NETOPTIX MERGER
CORNING, N.Y. -- Corning Incorporated (NYSE:GLW) and NetOptix Corporation
(Nasdaq:OPTX) announced that the U.S. government's statutory 30-day
Hart-Scott-Rodino antitrust review waiting period has expired. The merger
remains subject to other regulatory steps before closing, including review by
the U.S. Securities and Exchange Commission.
Corning announced February 14 that it had agreed to acquire NetOptix Corporation
of Sturbridge, MA, a manufacturer of thin film filters for use in dense
wavelength division multiplexing (DWDM) components, for approximately $2 billion
in stock.
NetOptix Corporation is headquartered in Sturbridge, Massachusetts. Its
subsidiaries, Optical Filter Corporation and OFC GmbH design, manufacture and
market optical filters for DWDM applications in fiber-optic networks. OFC has an
optical filter manufacturing facility in Natick, MA and a diamond turning
facility in Keene, NH. More information on the company is available at
www.netoptix.com.
Established in 1851, Corning Incorporated (www.corning.com) creates leading-edge
technologies for the fastest-growing markets of the world's economy. Corning
manufactures optical fiber, cable and photonic products for the
telecommunications industry; and high-performance displays and components for
television and other communications-related industries. The company also uses
advanced materials to manufacture products for scientific, semiconductor and
environmental markets. Corning's revenues for 1999 were $4.7 billion.
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