01.05.2013 21:50 Uhr, Quelle: MacNN

Kodak files Chapter 11 emergence plan, cancelling existing shares

Eastman Kodak has filed its latest plan to exit from Chapter 11 bankruptcy that gives ownership of the venerable company to unsecured creditors and bond holders. Second-lien note holders will receive 85 percent of common stock in the company, worth nearly $374.85 million. Unsecured creditors will be awarded the remaining 15 percent of shares.&nb

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