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eMagin bought by Samsung Display for $2.08 +4

09:20 17-May-23


eMagin has announced an agreement to be purchased by Samsung Display for $2.08 per share.  The transaction is expected to close in the second half of the year.

The price point represents only about a 10% premium to recent market pricing and no premium at all over longer term historic prices validating my lack of recent interest in the stock.  I have little doubt about the transaction going through, so I will move EMAN to the public side of the website in a few weeks, along with a bunch of other changes, when BGCP changes to BGC.