Kodak May Turn To Citi For Chapter 11 Finance–Bloomberg
Eastman Kodak may turned to Citigroup for money to carry it through Chapter 11. The news, reported by Bloomberg, is another bit of information that a bankruptcy is imminent. Some investors still believe that Kodak can be viable as a public company.…
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Eastman Kodak may turned to Citigroup for money to carry it through Chapter 11. The news, reported by Bloomberg, is another bit of information that a bankruptcy is imminent. Some investors still believe that Kodak can be viable as a public company. These investors have kept the share above $.50 on most days. But, Kodak has not been able to auction off patents it says are valuable, so it has to be questioned whether they are very valuable at all.
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