Wall Street Journal report says Kodak might file for bankruptcy in coming weeks

ROCHESTER, N.Y. — Shares of photography pioneer Eastman Kodak Co. tumbled to a new all-time low Wednesday following a report that the ailing company is getting ready to seek bankruptcy court protection.

The Wall Street Journal, quoting unidentified people familiar with the matter, said Kodak is preparing for a Chapter 11 filing "in the coming weeks" should efforts to sell a trove of digital-imaging patents fall through.

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Dan Balz 05 Jan, 2012
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Source: http://feeds.washingtonpost.com/click.phdo?i=0b3d138eacc06f85bd0f568705368690
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