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Corning completes Mediatech acquisition

December 1, 2011
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CORNING, N.Y.—Specialty glass maker Corning Inc. said Thursday that it completed the acquisition of Mediatech Inc., a company that develops, makes, and sells cell culture media and reagents used in molecular biology.

The companies did not disclose terms of the deal.

Mediatech, based in Virginia, is now a Corning subsidiary. It will become part of Corning's Life Sciences business.

Shares of Corning rose 20 cents to close at $13.47.

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