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  • Eastman Kodak....

  • Discussion of photography and videography techniques, equipment and technology, and links to personal railroad-related photo galleries.
Discussion of photography and videography techniques, equipment and technology, and links to personal railroad-related photo galleries.

Moderators: nomis, keeper1616

 #975887  by TSTOM
 
....has finally and mercifully passed.

RIP:-(
 #976081  by MEC407
 
Source?

I found an article on the Wall Street Journal web site, dated today, saying that they're restructuring... but I can't find anything that says they've gone out of business...
 #976083  by MEC407
 
Press release on Kodak's web site, posted yesterday (September 30):
Kodak.com wrote:ROCHESTER, N.Y., September 30 -- Eastman Kodak Company (NYSE:EK), in response to rumors circulating in the capital markets, issued the following statement:

“Kodak is committed to meeting all of its obligations and has no intention of filing for bankruptcy. The company also continues to actively pursue its previously announced strategy to monetize its digital imaging patent portfolio. Kodak remains focused on meeting its commitments to customers and suppliers, and on delivering on its strategy to become a profitable, sustainable digital company.

“It is not unusual for a company in transformation to explore all options and to engage a variety of outside advisers, including financial and legal advisers. Jones Day is one of a number of advisers that Kodak is working with in that regard.”
http://www.kodak.com/ek/US/en/Kodak_Sta ... ruptcy.htm