Kodak given a year to reshape business out of bankruptcy

Saturday, January 21st 2012 - 05:32 UTC

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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. Read full article

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geo
it has had “” cash “” problem which can not finance it's liabilities...!!
Jan 21st, 2012 - 11:35 am - Link - Report abuse 0
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ChrisR
1) As you understand the market, sales and design so much I would apply for the position of CEO - you are bound to get it into the black in a week!

Just like you reckon you can run a car manufacturer! Ha Ha Ha.
Jan 21st, 2012 - 05:50 pm - Link - Report abuse 0
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yankeeboy
Luckily for us his visa was denied...
Jan 23rd, 2012 - 04:58 pm - Link - Report abuse 0
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