Question Details

Will Kodak file for bankruptcy ?

http://meviocoupons.com/kodak-gallery-coupons.html

Will Kodak file for bankruptcy ?

Asked by: Super UserJosef Biesenberger in Business » Deals
Settled on 01/19/2012 07:39 Settled by Super Userkruijs
Winning option:ring first quarter 2012 Eastman Kodak Co. filed for Chapter 11 bankruptcy protection in New York early Thursday morning, after the struggling photography icon ran short on cash needed to fund a long-sputtering turnaround.
http://online.wsj.com/article/SB10001424052970204555904577169920031456052.html

Predictions

Background

According to Bloomberg, three people familiar with the matter disclosed the news, saying Kodak could seek protection from creditors within weeks. The company then would hold an auction to sell off its large cache of patents — a move that many previously thought Kodak could explore to avoid bankruptcy. Late last year, the company also said it was interested in selling its Kodak Gallery digital business.

http://www.investorplace.com/2012/01/eastman-kodak-ek-citigroup-bankruptcy/

Find similar: Eastman Kodak, EK, stock, NYSE

Comments

Comment on this question:

Sign in to comment

No comments yet, be the first to comment on this!

Advertisement

What's This!?

  • This is a user submitted question. Players make predictions on what they expect to be the actual outcome.

    more...

  • Register for free and get 1,000 KtN$
    in virtual cash to start predicting!

  • Limited offer: Sign up today and recieve double cash!