Kodak post profits, spins off imaging businesses, steps toward exiting from chapter 11

Things seem to be looking better for Kodak, I wonder if they’ll still try to get rid of the film business.

Kodachrome_Box-287x300From PhotoRumors : Kodak post profits, spins off imaging businesses, steps toward exiting from chapter 11

Press releases:
Kodak Announces Comprehensive Settlement with U.K. Pension Plan, Moving Kodak toward Exit from Chapter 11

Eastman Kodak Company today announced a comprehensive settlement agreement with the U.K. Kodak Pension Plan (KPP), its largest creditor, with respect to its Chapter 11 Plan of Reorganization. Under the agreement, which will be filed with the U.S. Bankruptcy Court, Kodak’s Personalized Imaging and Document Imaging businesses will be spun off under new ownership to KPP.

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