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President Trump’s Deal with Kodak on Hold Amid SEC Probe

HeadlineAug 11, 2020

President Trump’s much-touted deal with Kodak has been put on hold amid a probe launched by the Securities and Exchange Commission. The SEC is investigating after Kodak’s stock surged just days after the company received a $765 million loan under the Defense Production Act. The loan was given to help Kodak start making prescription drugs — something it has never done before.

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