Apple-Google Team Up for $500 Million-Plus Kodak Patents Bid

[Corto]

http://www.bloomberg.com/news/2012-...n-500-million-plus-bid-for-kodak-patents.html

 

[johannielscom]

...The patents for sale relate to the capture, manipulation and sharing of digital images. Kodak is selling them to fund a turnaround after seeking Chapter 11 protection in January. At the same time, it’s pursuing a plan to shrink the company and focus less on photography and more on commercial, packaging and functional printing and enterprise services.

...

I say, don't get the champaign out just yet, lets see what Perez spends the money on if the deal comes through!

 

[Roger Hicks]

I say, don't get the champaign out just yet, lets see what Perez spends the money on if the deal comes through!

Well, it's nearly three years' salary and bonuses...

Cheers,

R.

 

[Sparrow]

" ... focusing less on photography" well he's clearly doing a fine job with that bit of the plan ... let's all hope the emoluments comity are paying attention

 

[Griffin]

Well, it's nearly three years' salary and bonuses...

Cheers,

R.

Yes, but how is he going to feed his dog?

 

[Trius]

I say, don't get the champaign out just yet, lets see what Perez spends the money on if the deal comes through!

Humourous remarks aside, being under Chapter 11 protection, he has very little say about it. And he's done fatal damage anyway, as have others before him.