Legg Mason’s Miller Sells Kodak Stake - Bloomberg

Bill Miller, who estimated a decade ago that Eastman Kodak Co. (EK) was worth about $100 a share, sold his flagship fund’s stake in the imaging company for a lot less. Legg Mason Capital Management Value Trust (LMVTX), run by Miller since 1982, disclosed in a semi-annual report last week that the fund sold 18.2 million Kodak shares late last year and during this year’s first...