Eastman Kodak Co. (fka EKDKQ)

[wall_street61]

The winner of the auction may well be the DIP lenders. In other words, Kodak may give the IP assets to the DIP lenders in a 9019 settlement in lieu of the entire or partial debt obligation.

That's what it looks like to me right now, and I predict a big ole dump in the price of commons in the not-to-distance future.

Apple's claims to the IP assets and the associated appeal have put the kabosh on bidding.