Kodak given a year to reshape business out of bankruptcy

Sat, 21 Jan 2012 05:32:00 GMT

Eastman Kodak Co. has a little more than a year to reshape its money-losing businesses and deliver a get-out-of-bankruptcy plan. Girded by a 950 million dollar financing deal with Citigroup Inc., the photography pioneer aims to keep operating normally during bankruptcy while it peddles a trove of digital-imaging patents.

MercoPress

Kodak given a year to reshape business out of bankruptcy