In Kodak’s case, a Chapter 11 filing gave the company no choice but to delist. Now, having received $1 billion in exit financing from J.P. Morgan, Bank of America BAC +0.96% Merrill Lynch and Barclays BCS -3.35%, Kodak says it has been “revitalized” by its reorganization and is “setting a trajectory for profitable growth.”
Kodak isn’t the only company to bounce back from a bankruptcy filing and reclaim a spot on the NYSE.
Really wish FGE will be the next...
FGE Price at posting:
91.5¢ Sentiment: None Disclosure: Held
