It's been a hard few months for Eastman Kodak (NYSE: EK ) , but this past week was a real doozy. The stock fell on rumors that the company may be talking with Citigroup (NYSE: C ) about arranging bankruptcy financing, a development that could see Kodak selling its patent portfolio to meet obligations.
Source: Yahoo! finance.
If Kodak's share price continues to slide, there's a distinct possibility that the stock itself could be delisted. But whoever snaps up Kodak's patents could find itself sitting on a goldmine of possibilities. The future may be hazy for Kodak, but photo bugs out there can still find a reason to smile.
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Troubling Developments for Kodak
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