The Kodak Moment It Never Wanted:company Prepping For Chapter 11

[Spartan]

Tough to smile in times like these, folks. Barely three years after yet [url="http://www.engadget.com/2008/12/19/polaroid-files-for-chapter-11-bankruptcy-again/"]another staple[/url] in the photography business filed for Chapter 11, Kodak is reportedly getting its paperwork in order to do the same. [i]The Wall Street Journal[/i] has it that bankruptcy protection is looking all the more likely in the coming weeks, as its [url="http://www.engadget.com/2011/08/18/kodak-shopping-its-ip-wares-looks-to-cash-in-on-the-patent-buyi/"]efforts[/url] to hawk a "trove" of digital patents proved to be in vain. As it stands, the employer of around 19,000 Earthlings is currently working with lenders to secure around $1 billion in debtor-in possession financing to keep it alive during the actual bankruptcy process. Should this all pan out, its portfolio of 1,100 patents would then be re-listed via a court-supervised bankruptcy auction. Oh, and to make matters worse, it warned earlier in the week that it could be delisted from the New York Stock Exchange after Kodak shares closed at under $1 for thirty straight trading days.

[KalyanK]

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nenu monnane deeni meeda paper submit chesina course final project lo....



main bokka ekkada ante Digital revolution ni thakkuva anchana vesi venaka paddaru.... Sony,Canon punjukunnai..... veellu akkade undipoyaru...

[Aavakaaya Biryaani]