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The photography and digital imaging giant Eastman Kodak has again requested that a United States Bankruptcy Judge extend the amount of time it has to emerge from bankruptcy. Kodak is asking that the court extend its deadline to file a bankruptcy exit proposal until May 31st of this year without threat from competing plans and […]
Bankrupt snack cake maker Hostess has chosen a lead bid for selling off the rights to its iconic snack cakes. According to a statement issued by the company, it has accepted a joint offer from investment firms Metropoulos & Co. and Apollo Global Management LLC. The two companies have placed a $410 million bid for […]