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Corning Clears Way for Security Sales Options

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CORNING, NY, June 24 -- Corning Incorporated reports that it has filed a universal shelf registration statement with the Securities and Exchange Commission, which will permit the company on occasion to offer and sell various types of securities valued at up to $2 billion. The company filed the registration statement in order to gain additional flexibility in accessing capital markets for general corporate purposes. Corning may not sell securities nor accept offers to buy until the registration statement becomes effective.

Photonics.com
Jun 1999
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