Kodak (EKDKQ) to Sell Patent Portfolio in $525M Deal

Go back to Kodak (EKDKQ) to Sell Patent Portfolio in $525M Deal

Kodak (EKDKQ) Completes $527M Sale of Digital Imaging Patents

February 1, 2013 1:33 PM EST

Eastman Kodak Company (OTCBB: EKDKQ) has completed a transaction for the sale and licensing of its digital imaging patents for net proceeds of $527 million.

The transaction, which achieves one of Kodaks key restructuring objectives, follows other recent major accomplishments that include final Court approval last week for the companys interim and exit financing. Kodaks monetization of IP assets... More

Kodak (EKDKQ) Completes $527M Sale of Digital Imaging Patents

February 1, 2013 1:33 PM EST

Eastman Kodak Company (OTCBB: EKDKQ) has completed a transaction for the sale and licensing of its digital imaging patents for net proceeds of $527 million.

The transaction, which achieves one of Kodaks key restructuring objectives, follows other recent major accomplishments that include final Court approval last week for the companys interim and exit financing. Kodaks monetization of IP assets... More