Kodak in bankruptcy protection bid

Photography giant Eastman Kodak has filed for chapter 11 bankruptcy protection as it seeks to boost its cash position and stay in business.

Kodak in bankruptcy protection bid
Thu, 19 Jan, 2012 - 07:27

Photography giant Eastman Kodak has filed for chapter 11 bankruptcy protection as it seeks to boost its cash position and stay in business.

The move comes after the ailing US company failed to find a buyer for its trove of 1,100 digital imaging patents.

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CourtsBusinessHeathrowPlace: USPlace: Rochester, New YorkOrganisation: KodakOrganisation: Eastman KodakOrganisation: Citigroup
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