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Eastman Kodak Trading Up Over 7.75% After Announcement to Explore Strategic Alternatives

Courtesy of Benzinga

Eastman Kodak Company announced that it is exploring strategic alternatives related to its digital imaging patent portfolios, a move reflecting the current heightened market demand for intellectual property.

Kodak’s portfolios include more than 1,100 U.S. patents pertaining to capturing, processing, storing, organizing, editing, and sharing digital images, as well as imaging monetization applications, which are fundamental to the digital imaging industry. Those patents represent approximately 10% of Kodak’s total U.S. patent portfolio.

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