Friday, January 25, 2013

Judge Approves $844M Financing For Kodak To Exit Bankruptcy

kodak-logoKodak has had a rough go of it lately, filing for Chapter 11 Bankruptcy almost a year ago and selling off its portfolio of more than 1000 digital imaging patents just last month. But today the centenarian company has some good news to report, as U.S. Bankruptcy Court Judge Allan Gropper of the Southern District of New York has approved Kodak's $844 million financing led by Centerbridge Partners LP.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Ddvqep3YNXI/

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