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Post by Marriott on Sept 8, 2012 15:14:50 GMT -5
Here are some statements taken directly from a company press release dated August 23, 2012 at 4:06 pm :
In accordance with its prior announcement, the company is continuing discussions with parties with respect to the potential sale of its digital imaging patent portfolio. The company reiterates that it has made no decision to sell the portfolio and Kodak may, in consultation with creditors, retain the portfolio as an alternative source of recovery for creditors.
“As we move forward with the Chapter 11 process, we are focused on delivering the highest value to our creditors so that we can emerge as a sustainable, profitable company that continues to meet the needs of our customers,” Perez concluded.
I take the Perez statement as a vote of confidence for shareholders.
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