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Samsung Display completes eMagin purchase ?3
Samsung Display has completed its purchase of eMagin, which will continue to operate under that name and in its existing facilities. The total cash value was just $218M. Investors who bought in 2022 could have turned a profit, but any who bought in 2021 probably had poor return on capital, to say the least. My skepticism in early 2017, when the stock traded around $2.45, was well deserved ahead of dilution. The gamble in 2020, subsequent analysis, and exit point also proved to be much better than waiting for this eventuality.