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As Eastman Kodak Co. (EK) investors bet the 131-year-old photographic pioneer was headed for bankruptcy, the company decided Chapter 11 was the simplest way to become the digital printing specialist it aspires to be.
The long time pioneer in photography, Eastman Kodak, has filed for Chapter 11 bankruptcy protection on January 19, 2012. In the Chapter 11 bankruptcy protection papers filed in the U.S. Bankruptcy Court for the Southern District of New York, the company cited the advance technology of digital photography and fierce [...]
As Eastman Kodak Co. investors betthe 131-year-old photographic pioneer was headed for bankruptcy,the company decided Chapter 11 was the simplest way to becomethe leaner digital printing specialist it ...
The once mighty photographic company Eastman Kodak announced late Wednesday that it had filed for Chapter 11 bankruptcy after struggling in recent years and failing to respond to developments in the digital age.
As Eastman Kodak Co. investors bet the 131-year-old photographic pioneer was headed for bankruptcy, the company decided Chapter 11 was the simplest way to become the leaner digital printing specialist it aspires to be.
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