Google said to be among companies examining photography pioneer's assets ahead of possible sale.

This article titled “Kodak reported to be considering filing for bankruptcy” was written by Ben Quinn, for The Guardian on Saturday 1st October 2011 00.25 UTC

Eastman Kodak, whose company name has been associated with film photography for more than 100 years, is said to be considering filing for bankruptcy after suffering heavy losses in recent years.

Google was reported to be one of a number of suitors who were examining the photographic pioneer’s assets ahead of a sale, although some potential buyers are reluctant to proceed with bids because a purchase may amount to a so-called fraudulent transfer if the company becomes insolvent, according to the Bloomberg news agency.

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