The financing is predicated on certain conditions, including the sale of Kodak’s digital imaging patent portfolio for no less than $500 million, which the company is confident it will achieve.
“The significance of this agreement for Kodak is that it establishes a clear path for our emergence as a stronger, more focused company. The significance for our customers, partners and suppliers around the world is that it solidifies our ability to continue to serve them, innovate for them and contribute to their success,” said Antonio Perez, chairman and CEO.
You got to figure out what is AAPL's position in EK. When AAPL settled with HTC that was a ten year agreement. There was still litigation to go through between EK and AAPL along with HTC. The new CEO of AAPL,IMO, does not like litigation confrontation like Steve Jobs.
With Blackstone coming on board, this may be that AAPL may have already settled with EK.