Reuters reported that Eastman Kodak received approval for its $525 million sale of its digital imaging patents to Intellectual Ventures and RPX Corp. The sale will allow the company to proceed with its plan to obtain $830 million in order to exit bankruptcy in the first half of the year, the article said.
To read the full Reuters article, click here.
Previously on abfjournal.com:
Kodak Sued in Bankruptcy Court Over Kyocera Patents, Monday, January 07, 2013
Kodak Announces Sale of Patents for $525 Million, Wednesday, December 19, 2012