It seems that Kodak has found out that the auctioning of its patents is not going to generate the kind of value it had hoped for. According to Reuters, the bankrupt company announced today that it may abandon the auction process altogether and explore new options – such as the creation of a licensing entity – to raise money from its portfolio to pay off creditors. Given the time that has elapsed since the auction process began in June, this news does not come as huge surprise.

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