For us, people from the old times when you needed a film to take pictures, Kodak is a big name. It was the symbol of great quality films resulting in good quality pictures. Then digital cameras came to the market and the Kodak Empire almost collapsed. The company tried to enter into that new market, but never was able to compete against the big companies such as Canon, Nikon and Sony, filling for bankruptcy in 2012.
According to Fox Business, "Kodak announced in a Securities and Exchange Commission (SEC) filing on Monday that there was "substantial doubt" about the company's ability to stay in business."
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