Reuters: Bankruptcy News: Kodak says to exit bankruptcy as soon as July

Reuters: Bankruptcy News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Kodak says to exit bankruptcy as soon as July May 1st 2013, 02:22 April 30 | Tue Apr 30, 2013 10:22pm EDT 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.

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