Eastman Kodak is preparing to terminate its U.S. pension plan to unlock value from the fund, whose value soared as a result of strong market performance and contributions made years ago when the ...
Eastman Kodak Company (NYSE:KODK) said on Monday it is reviewing options for its U.S. pension plan, including possible termination, in a bid to unlock the value of the overfunded fund. Kodak ...
Kodak shares surged as much as 25% as of 10:30 a.m. in New York, the biggest intraday move since February, when Bloomberg reported that the company was mulling tapping the pension surplus.