Kodak Prepares For Chapter 11 Filing: Report

Kodak

(Reuters) - Eastman Kodak is preparing a Chapter 11 bankruptcy protection filing in case it is unable to sell its digital patents to raise capital, The Wall Street Journal reported on Wednesday.

Senh: The irony: Kodak invented the digital camera as early as 1975, but couldn't capitalize on it. Now, they're playing catch-up with rivals selling digital cameras.

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