Eastman Kodak To Exit Bankruptcy In September: Judge

The Eastman Kodak Company (OTCMKTS:EKDKQ) could exit its bankruptcy as soon as September 3 after a New York judge approved the company’s bankruptcy plan. The plan does not see the iconic company emerge as the photographic giant it once was, however. The Eastman Kodak Company will resume business as a smaller digital imaging company, according to a Bloomberg piece on the decision. Allan Gropper, the judge that oversaw the proceedings, agreed to a plan that will see unsecured creditors that own Eastman Kodak Company (OTCMKTS:EKDKQ) debt paid between four and five cents on the dollar for their holdings. There is an…