Technology

Kodak shares slump as US loan is suspended

Kodak shares slump as US loan is suspended

Shares of Kodak plunged Monday after a US agency suspended a loan intended to support the former photo giant's launch of a new pharmaceutical venture. The US International Development Finance Corporation's (DFC) said Friday it will halt further action following controversy that has surrounded its July 28 announcement of a $765 million loan to Kodak.

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