There had been a lot of rumors surrounding Kodak’s potential Chapter 11 filing. On January 19th, those rumors became a reality. Kodak filed for Chapter 11 Bankruptcy protection today in the hope that they could realign their business strategies. I truly hope that Kodak recovers from this and can emerge a stronger company.
Via Reuters
Yahoo Images
3 comments
They’ve been around since the 1880′s and I hope they find a way to be around for another 100 years.
It’s sad isn’t it? I hope they really come up with a better strategic business plan so they can emerge from the other end of this bankruptcy stronger than ever.
:(