08/12/2012 04:44:00

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

Related content
Related debate
10 May - 
Apple er hastigt på vej ind i Augmented Reality (AR) og..
13 Apr - 
Nå, det var faktisk det der stod ordret :P Jeg gætter p..
13 Apr - 
Teknologien har eksisteret eksperimentelt længe, men er..

Apple Inc. (AAPL) has joined with rival Google Inc. (GOOG) to offer more than $500 million for the digital patent portfolio of bankrupt photography pioneer Eastman Kodak Co., Bloomberg News reported Friday, citing unnamed sources.

The two tech giants had led seperate teams bidding for the patents over the summer, and The Wall Street Journal reported Wednesday a bid had topped the $500 million level. Kodak reached a deal with creditors for $830 million in loans last month that was contingent on Kodak getting at least $500 million for its patents, the Journal reported.

Complete report: http://www.bloomberg.com/news/2012-12-08/apple-joins-google-in-500-million-plus-bid-for-kodak-patents.html

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

December 07, 2012 23:44 ET (04:44 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
Ingen indlæg

Regulatory news

Alliance Trust PLC : Transaction in Own Shares

23/05/2017 07:00:21
23 May 2017  Alliance Trust PLC TRANSACTION IN OWN SHARES  The Board of Alliance Trust PLC ("the Company") announces that on 22 May 2017 the Company purchased for cancellation 321,694 ordinary shares of 2.5p each at a price of 688.578p per share.  Therefore, the total number of voting rights in the Company is now 357,749,150.    The above figure (357,749,150) may be used by shareholders a..

Majedie Asset Management Ltd : Form 8.3 - TESCO PLC

22/05/2017 15:26:53
FORM 8.3   PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code")   1.         KEY INFORMATION   (a) Full name of discloser: ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
P. Schoenfeld Asset Management LLP : Form 8.3 - Tesco plc
2
Form 8.3 - Mariana Resources Ltd
3
Sanofi and Regeneron Announce FDA Approval of Kevzara® (sarilumab) for the Treatment of Moderately to Severely Active Rheumatoid Arthritis in Adult Patients
4
EagleBank Approved as a Government National Mortgage Association (Ginnie Mae) Multifamily Issuer, One of 13 Banks in the Nation
5
Playa Hotels & Resorts Announces Commencement of Exchange Offer and Consent Solicitation Relating to its Warrants

Related stock quotes

Apple Inc 153.99 0.0% Stock price unchanged
Alphabet Inc 941.86 0.0% Stock price unchanged

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2017   Disclaimer and Terms of Use
Quote information is delivered by Interactive Data.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
23 May 2017 13:42:50
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20170517.1 - EUROWEB7 - 2017-05-23 14:42:50 - 2017-05-23 13:42:50 - 1000 - Website: OKAY