(Rochester, NY) Bloomberg reported late on Friday night that Apple and Google will buy over 1,100 Kodak patents valued over $500 million. Bloomberg's report cited two sources who were confident that such a deal was imminent. Kodak has maintained that it plans to exit bankruptcy in 2013 and such a deal with the patent sale would helped facilitate that cause. Watch News 8 and Fox First at Ten tonight for the latest on this developing story.