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Two days after securing $793M in financing, Eastman Kodak (EKDKQ.PK) received court approval to...

Two days after securing $793M in financing, Eastman Kodak (EKDKQ.PK) received court approval to maintain control of its bankruptcy proceedings through Feb. 28. Also, Kodak says it's still in talks with Apple (AAPL) and Google (GOOG) regarding its delayed patent sale, and is confident the sale with produce the $500M+ in proceeds needed for its financing deal to go through. Kodak chose to delay its patent sale after initial bids during an August auction came in well below $500M.
Comments (3)
  • The stone that the builders rejected was the corner stone.
    15 Nov 2012, 12:58 AM Reply Like
  • AAPL fans want innovative fruits, not patent nuts.
    15 Nov 2012, 06:25 AM Reply Like
  • <$500/SH?
    15 Nov 2012, 11:52 AM Reply Like
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