Kodak gets massive loan, turns into drug component maker

Started 6 months ago | Discussions thread
justmeMN Veteran Member • Posts: 9,791
Reuters: Kodak loan blocked

"Kodak shares plunge after U.S. blocks $765 million loan deal"

"(Reuters) - Shares of Eastman Kodak Co (KODK.N) fell about 40% on Monday and were on track for their worst single-day decline after the U.S. government blocked a $765 million loan to the company, which was going to make drug ingredients for use in possible COVID-19 vaccines, because of “alleged wrongdoing” by executives."

https://www.reuters.com/article/us-eastman-kodak-stocks-idUSKCN2561JE?taid=5f318553d7d51b00018356b1&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

Keyboard shortcuts:
FForum PPrevious NNext WNext unread UUpvote SSubscribe RReply QQuote BBookmark MMy threads
Color scheme? Blue / Yellow