US camera pioneer Eastman Kodak, which brought photography to the masses over a century ago, filed for bankruptcy early today.
“After considering the advantages of Chapter 11 at this time, the Board of Directors and the entire senior management team unanimously believe that this is a necessary step and the right thing to do for the future of Kodak,” CEO Antonio Perez said in a statement, referring to US bankruptcy proceedings.
From: http://ping.fm/C4aGU
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