Report: Kodak reaches financing deal with bondholders
Posted in the Rochester Forum
#1 Nov 12, 2012
The report says that Kodak must sell 1,100 digital patents for at least $500-million. Now the 2 billion dollar patents are worth 500 million? If they could get 500 million it only buys one more year and then its over. Antonio wants to keep his pay going as long as he can. Now Kodak is going to float bonds to pay off the bank????Someone is going to get screwed big time!!! When the place is closed the bondholders get screwed not the bank and Antonio gets more cash to retire on.
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