Sell off film and paper? Isn't that what Kodak IS??? At least in the public's eye.
Like saying GM will sell of making cars and trucks. Aram -------------------------------------------------- From: "David Young" <dsy@xxxxxxxxxxxxxxx> Sent: Friday, August 24, 2012 6:38 AM To: "LRflex" <leicareflex@xxxxxxxxxxxxx> Subject: [LRflex] The Kodak Saga continues...
From today's BBC Website...Debt-struck photography pioneer Kodak says it may sell off its still- camera film and photo paper divisions. The firm has already stopped making digital cameras as part of efforts to reduce its losses after filing for bankruptcy protection in January. It has also been trying to raise funds by selling off more than 1,100 digital imaging patents. It had originally planned to announce a buyer last week, but said "discussions continue" and a deal might not happen. Apple and Google had been reported to have made rival bids for the patents, but the Wall Street Journal reports they have now joined forces and have added Samsung, LG, HTC and others to their consortium The WSJ's sources suggested the offer price for the portfolio would be about $500m (£315m) - well below the $2.6bn estimate that Kodak had suggested it could be worth.Further details are here: http://www.bbc.com/news/technology-19366113 Cheers! David. ------ Unsubscribe or change to/from Digest Mode at: http://www.lrflex.furnfeather.net/ Archives are at: //www.freelists.org/archives/leicareflex/
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