Kodak (EKDKQ) Completes $527M Sale of Digital Imaging Patents
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Kodak (EKDKQ) to Sell Patent Portfolio in $525M Deal
December 19, 2012 8:16 AM ESTEastman Kodak Company (OTCBB: EKDKQ) has completed a series of agreements that successfully monetizes its digital imaging patents.
The proposed transaction, which achieves one of Kodaks key restructuring objectives, follows other recent major accomplishments that include an agreement for interim and exit financing for the companys emergence from its Chapter 11 restructuring, and resolution of U.S. retiree non-pension benefits liabilities. Kodaks monetization of IP assets further builds on its momentum toward a successful... More
