Rochester, N.Y. - According to a Reuters report - Kodak may abandon its efforts to sell a portfolio of digital imaging patents at auction, and has delayed indefinitely a court hearing to approve such a sale.
In a filing with the U.S. bankruptcy court in Manhattan, Kodak said if it were unable to reach acceptable sale terms, it could create a licensing company for the patents as a means to help repay creditors in its Chapter 11 case.
