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Two consortiums are bidding on Eastman Kodak's (EKDKQ.PK) 1,100 patents, the WSJ reports. One...

  • Friday, July 27, 2012, 4:25 PM ET
    Two consortiums are bidding on Eastman Kodak's (EKDKQ.PK) 1,100 patents, the WSJ reports. One features Apple (AAPL), Microsoft (MSFT), and patent troll Intellectual Ventures. Another features Android partners Google (GOOG), Samsung (SSNLF.PK), LG, and HTC, along with RPX (RPXC). Bids are due on Monday. The report comes after the ITC dismissed a Kodak suit related to an image-preview patent, and Apple lost a bid to move a separate Kodak suit out of bankruptcy court.
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This news story has 6 comments:

  •  
    Patents make strange bedfellows.
    27 Jul 2012, 04:40 PM Reply Like
  •  
    EKDKQ lost in litigation. Yes they did, but the matter is subject to appeal. Should they have lost: yes-40%, no-60%
    The loss was for 2 out of 1100 patents. With this loss the bidding war can now start. AAPL wants those patents so badly that it will now start to negotiate. AAPL is going to walk away with the rights, and they will not have to pay a premium, but they will PAY.
    27 Jul 2012, 06:49 PM Reply Like
  •  
    Mr. Apple: make the check out to EK for $1.5 Billion...Yikes!
    27 Jul 2012, 06:57 PM Reply Like
  •  
    Good news. A good bidding result is the best hope for a substantial recovery to bondholders.
    28 Jul 2012, 07:03 AM Reply Like
  •  
    Once again, investors (bondholders) appear to be the big losers, while Apple gets richer by using their wealth and their lawyers to walk away with the essence of Kodak while paying peanuts for what they take.

    Ordinary American institutions and individual bondholers get screwed again by the courts and the bankruptcy system in this country.
    29 Jul 2012, 05:07 PM Reply Like
  •  
    EKDKQ won!!

    Up over 20%

    Here comes that sweet Apple cash!!
    1 Aug 2012, 08:09 PM Reply Like
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