eMagin Corporation announced the completion of its acquisition by Samsung Display for $2.08 per share in an all-cash transaction valued at approximately $218M. With the completion of the transaction, shares of eMagin common stock have ceased trading and, once the delisting application becomes effective with the Securities and Exchange Commission will no longer be listed on the NYSE American exchange.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on EMAN:
- Samsung Display Completes Acquisition of eMagin
- eMagin Stockholders Approve Acquisition by Samsung Display
- eMagin stockholders approve acquisition by Samsung Display
- Independent Proxy Advisory Firms ISS and Glass Lewis Recommend eMagin Shareholders Vote “For” Proposed Transaction with Samsung Display
- eMagin announces ISS, Glass Lewis recommendation in favor of Samsung pact