Quote Originally Posted by CGW View Post
I'm not seeing vulture capitalists like Carl Icahn in the picture. He's likely poised to squeeze value out of RIM but Kodak? Where's the value?
Actually, Icahn bought 7% of EK stock in November, 2003. I don't know if he has retained that stake or not. I think around 2005/2006 he had the option of increasing his stake but he opted not to...

I really don't know if Kodak has any hope of restructuring with a plan that allows its film division to continue operations. Most of the "value" of the company seems to be in its display technology patents - but a good 'ol fashioned Chapter 7 "smash and grab" auction could determine who receives those.

It's unfortunate, but as far as Kodak's debt holders are concerned the company may be worth more dead than alive.