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Thursday, 19 January 2012

Kodak goes bankrupt amid digital world of film

Eastman Kodak, the US-based company which brought photography to the masses over a century ago, has filed for bankruptcy protection after years of failing to become a profitable seller of modern consumer products.
The 130-year-old photographic film pioneer said it had also obtained a $950m loan from Citigroup, the US financial firm, to help keep it going. Al Jazeera's Azhar Sukri reports.

Posted by Unknown at Thursday, January 19, 2012
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