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Kodak files for Ch. 11 bankruptcy protection
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<blockquote data-quote="texan" data-source="post: 928620" data-attributes="member: 38206"><p><strong>(AP) ROCHESTER, New York — Photography icon Eastman Kodak has filed for Chapter 11 bankruptcy </strong></p><p><strong>protection, as it seeks to boost its cash position and stay in business.</strong></p><p><strong></strong></p><p><strong>The move comes as the ailing company has failed to find a buyer for its trove of 1,100 digital</strong></p><p><strong>imaging patents. Kodak said in November that it could run out of cash in a year if it didn't sell the patents, for which it </strong></p><p><strong>hoped to fetch billions.</strong></p><p><strong></strong></p><p><strong>Kodak files for Ch. 11 bankruptcy protection - CBS News</strong></p><p><strong></strong></p></blockquote><p></p>
[QUOTE="texan, post: 928620, member: 38206"] [B](AP) ROCHESTER, New York — Photography icon Eastman Kodak has filed for Chapter 11 bankruptcy protection, as it seeks to boost its cash position and stay in business. The move comes as the ailing company has failed to find a buyer for its trove of 1,100 digital imaging patents. Kodak said in November that it could run out of cash in a year if it didn't sell the patents, for which it hoped to fetch billions. Kodak files for Ch. 11 bankruptcy protection - CBS News [/B] [/QUOTE]
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