Kodak To Emerge From Bankruptcy in Early September

August 20, 2013

A US Bankruptcy judge has approved Kodak’s plan for reorganization, Bloomberg News reports. The company, which sought chapter 11 bankruptcy protection in 2012, announced today that it hoped to emerge from bankruptcy by September 3. Kodak sold its photographic and consumer print business to pay off debts, and cut the number of employees from 17,000 to about 8,500. Kodak, once...

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