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Kodak Bankruptcy

Kodak Bankruptcy

Kodak, the 131-year-old photography pioneer, filed for bankruptcy on January 19th 2012.

Eastman Kodak announced early this morning that filing for Chapter 11 bankruptcy was “the right thing to do for the future” of the company.

In a statement, Kodak CEO Antonio Perez said company leadership decided the move was “a necessary step.”

Innovation Trail has followed the story over the course of 2012.