Samsung to acquire shares in Corning

Early last year display maker Samsung and rugged glass maker Corning announced a joint venture called Samsung Corning Precision Materials (SCP). Now, less than two years later, the two companies are growing even closer. The end result of a somewhat complicated transaction is that Samsung will own a 7.4% stake in Corning. Here are the details on the deal: Samsung currently owns 43% of SCP and...

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