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Kodak in trouble?

01 October, 2011 — Observer’s fear loss-making Kodak may be running out of cash, heading for insolvency, and could file for bankruptcy soon. The corporation says bankruptcy isn’t in its plans. The fears were sparked by Kodak leaning on its revolving credit facilities for cash recently, and belief that it is in talks with insolvency practitioners and potential buyers. Kodak says its plan is to stick to its post-digital strategy of exploiting its patent heritage. (Although, today, this mostly involves selling, rather than licensing, its patents.)

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