Quote Originally Posted by AgX View Post
I mean, why would you by factories and and a market share for a declining, without new ideas for it? Well, if it was cheap, then one still could earn profits during the resting time.
I thought Fiedler's third answer addressed that: They're "starting almost from scratch", without the burden of Kodak's debts or additional business lines, and hopefully with a bit more flexibility to scale production (but I'm speculating about that last bit). As everyone has pointed out for years, Kodak's film business, taken in isolation, was profitable on paper---it seems plausible that KA's first big "new" idea is to run the existing business in a setting where it can turn its profit without all those extra qualifiers.

It rather seems they took what they still could get before getting nothing.
I expect that's true as well.

-NT