David A

Kodak Shares Gain on HP Buyout Rumor; Why Would Hurd Do That?

I would bet the story goes: HP takes out Kodak to get the camera brand name and to prevent them from messing up the inkjet ink price in the market. As Kodak gets desperate, they may continue to try to bring down ink prices which I have to believe has gross margin of ~98% and is a nice cash cow for HP they'd like to see continue. Seems like a bad rumor to me though.