Tuesday, February 17, 2009

Bill Gates Invests in "My" Kodak!

That's right, Kodak and Bill Gates! As reported at Bloomberg, Bill Gates made a 5.2% investment in Eastman Kodak Company (NYSE: EK):

"Feb. 17 (Bloomberg) -- Microsoft Corp. co-founder and Chairman Bill Gates boosted his stake in Eastman Kodak Co., the camera pioneer that lost more than $4.5 billion in market value last year as it struggled to shift to digital photography.

Cascade Investment LLC, owned by Gates, bought 7.95 million shares in Kodak, raising his stake in the company to 5.2 percent, Rochester, New York-based Kodak said in a regulatory filing today. The investment would make Gates the fourth-largest shareholder in Kodak as of Dec. 31, according to Bloomberg data."


Visit Oscars Week at Kodak's 1000 Words Blog

Kodak Home Page: Kodak.com

Remember - "A day without laughter is a day wasted."
May the wind sing to you and the sun rise in your heart...

No comments: