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SSNHZ Samsung Electronics Company Ltd (PK)

0.00
0.00 (0.00%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Samsung Electronics Company Ltd (PK) USOTC:SSNHZ OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 589.42 1,100.01 0.00 19:00:01

Samsung to Buy eMagin for About $218 Million

17/05/2023 2:41pm

Dow Jones News


Samsung Electronics (PK) (USOTC:SSNHZ)
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From Dec 2022 to Dec 2024

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By Colin Kellaher

 

OLED microdisplay maker eMagin Corp. said Wednesday it agreed to be acquired by a unit of South Korean technology giant Samsung Electronics in a deal valued at about $218 million.

Under the agreement, Samsung would pay $2.08 a share in cash for eMagin, a roughly 10% premium to Tuesday's closing price of $1.89 for the Hopewell Junction, N.Y., company.

The deal is slated to close in the second half of the year.

Trading in shares of eMagin was halted premarket on Wednesday.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

May 17, 2023 09:26 ET (13:26 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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