Kodak Goes Bankrupt and Sells Film Divisions
8/25/2012
Daniel Acker/Bloomberg News(LOS ANGELES) -- Eastman Kodak is bankrupt, and the company is selling their film divisions, the Los Angeles Times reports.
The Rochester, N.Y.-based company wants to unload their personalized imaging and document imaging businesses that includes the “traditional photographic paper and still camera film products.”
The company hopes a deal will be sealed by the first half of 2013.
In January, Kodak filed for bankruptcy and is currently auctioning off more than 1,000 of its patents.
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