Kodak shares plunge after U.S. blocks $765 million loan deal

The U.S. International Development Finance Corp (DFC) was slated to grant the loan to Eastman Kodak, which is looking to move deeper into the pharmaceutical arena. U.S. President Donald Trump said last week the government would investigate the circumstances surrounding the announcement of the loan. “Recent allegations of wrongdoing raise serious concerns,” U.S. International Development Finance Corp (DFC) said late on Friday in a tweet. …read more

Source:: Yahoo Finance

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