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|A $765m government loan to Kodak has been put on hold as the SEC investigates the company’s disclosure of the deal, which was announced on July 28th. The stock was $2 for months but surged as high as $60 the day after the deal. Trading of Kodak’s stock picked up significantly the day before the official announcement. |
Questions have also been raised about the timing of stock options granted to Kodak’s executive chairman, Jim Continenza.