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eMagin announces ISS, Glass Lewis recommendation in favor of Samsung pact

eMagin (EMAN) announced both independent proxy advisory firms, Institutional Shareholder Services, or ISS, and Glass, Lewis, have recommended that eMagin shareholders vote in favor of the proposed merger transaction with Samsung Display, a subsidiary of Samsung Electronics (SSNLF) and a worldwide manufacturer and distributor of display products. As previously announced, eMagin shareholders would receive $2.08 per share in cash in a proposed transaction valued at approximately $218M.

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