💨 Abstract
Eastman Kodak Co., founded in 1880, faces "substantial doubt" about its future due to pending debt obligations. The company has limited liquidity, with $155 million in cash and significant debt due within 12 months. Kodak, renowned for its cameras and film, fell from prominence due to foreign competition and the shift to digital technology, filing for bankruptcy in 2012.
Courtesy: WTOP Staff
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