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The bankruptcy implosion at Eastman Kodak Co. is going from ugly to uglier. How Antonio Perez has been able to remain CEO is more than just a mystery. Perez is naming the leadership for Kodak's ...
[16] [14] [15] Under the terms of its bankruptcy protection, Kodak had a deadline of February 15, 2013, to produce a reorganization plan. [139] In January 2013, the Court approved financing for Kodak to emerge from bankruptcy by mid 2013. [140] [141]
Instead, now under the protection of chapter 11 bankruptcy, Kodak walks into bankruptcy court with nearly $1.6 billion in debt and only $900 million in cash on its balance sheet -- although these ...
Kodak Alaris is a British-based company currently comprising two divisions: Alaris, hardware and software for digital imaging and information management; and Kodak Moments, retail photo printing kiosks and sales and marketing of traditional photographic film.
[11] [12] In 1993, Eastman Kodak/Sterling Winthrop partnered with a French pharmaceutical company Elf Sanofi (now known as Sanofi). [11] In June 1994, Eastman Kodak sold the prescription drug business of its Sterling Winthrop subsidiary to Sanofi for US$1.675 billion and the return of Kodak's minority stake in Sterling Health Europe. [13]
An Eastman Kodak Co. (NYSE: KODK) board member and his wife donated nearly half their stock holding in the company, amounting to 3 million shares, to a religious charity on a day when the company ...
One young girl with a drug addiction died after collapsing on Day Three. The girl’s parents had taken out a $25,000 loan to pay for the program. Dr. McLellan, of the Treatment Research Institute, recalled a prominent facility he encountered in 2014 that made addicts wear diapers if they violated its rules.