Samsung acquires 7.4 percent of Gorilla Glass maker Corning, signs long-term supply deal

In a move that could raise eyebrows in the LCD business, Corning has taken full control of Samsung Corning Precision Materials Co. Ltd., a joint venture 43 percent owned by Samsung. In exchange, the Korean company will get $1.9 billion worth of preferred shares in Corning, which if converted, would give it a 7.4 percent stake.

via Tech News Headlines - Yahoo! News http://www.engadget.com/2013/10/23/samsung-acquires-7-4-percent-of-gorilla-glass-maker-corning?ncid=txtlnkusaolp00000589