Kodak says to exit bankruptcy as soon as July
April 30 (Reuters) - Eastman Kodak Co expects to emerge from bankruptcy as soon as July as a commercial imaging business.
It said in court documents that it expects to issue new stock to its second-lien note holders, who would control the reorganized Kodak. The company's current shares will be cancelled.
The company did not say how much it expects to pay its unsecured creditors, who are owed as much as $2.2 billion.
- Pope attacks mega-salaries and wealth gap in peace message
- Air strike kills 15 civilians in Yemen by mistake: officials
- Probation for drunk Texas teen driver who killed four sparks backlash
- Atheists face death in 13 countries, global discrimination: study
- South Africa admits error over 'schizophrenic' Mandela signer |