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Kodak Moments Just a Memory as Company Exits Bankruptcy

Eastman Kodak Co., the photography pioneer overcome by digital competition, emerged from bankruptcy today as a commercial-printing company that sells nothing to consumers.

The new, smaller Kodak has shed the cameras, film sales and consumer photo developing that made it a household name, focusing on printing technology for corporate customers, touch-screen sensor components for smartphones and computer tablets, and film for the movie industry. U.S. Bankruptcy Judge Allan Gropper last month approved Kodak’s exit plan, which cut about $4.1 billion of debt and left shareholders empty-handed.