The bankruptcy cloud that hung over Kodak for the last couple of years has finally lifted.
Eastman Kodak announced Tuesday that it has completely emerged from Chapter 11 bankruptcy as a "leaner" reorganized company. Instead of peddling its once-popular film and cameras, Kodak will now focus on digital imaging for businesses.
"We have emerged as a technology company serving imaging for business markets - including packaging, functional printing, graphic communications and professional services," Kodak CEO Antonio Perez said in a statement. "We have been revitalized by our transformation and restructured to become a formidable competitor … Read more