Apple-Google Team Up for $500 Million-Plus Kodak Patents Bid
Posted: 10-Dec-2012 [Source: Bloomberg] [Kodak's patents up for sale related to the capture, manipulation and sharing of digital images. Kodak is seeking funds for a turnaround after filling for Chapter 11 protection in January.] By Serena Saitto, Beth Jinks and Brian Womack (Blomberg) -- "Apple Inc. (AAPL) and Google Inc. have joined forces to offer more than $500 million to buy Eastman Kodak Co. (EKDKQ)’s patents out of bankruptcy, said people familiar with the situation." More...
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