Corning Glass Works and Hazleton Laboratories Corp jointly said they completed a merger of the two companies in a deal valued at about 120 mln dlrs. A joint statement said Hazleton stockholders will receive .5165 shares of Corning common for each Hazleton share. Hazleton a supplier of biological and chemical services and products will operate as a Corning subsidiary under its current management team the statement said.
CORNING <GLW>, HAZLETON <HLC> COMPLETE MERGER