No, you are correct and I wasn't looking at that number to determine the buyout price. I only used that to compare with the cap of Samsund and the ratio of price vs cap.
I have used $3.00 in many of my analyses x 285 million shares equals a buyout of approx 855 million, which is 25 times their current Market Cap.
Hope this helps in your assessment of the value.
The 855 or $3 dollars has been calculated from developing profit over x time frame using RPs number of hundreds of millions of dollars in settlements, and adding profit growth from new products and growth.