It makes sense to spin off a successful subsidiary into a separate company and bankrupt the unsuccessful parent company. ECC net income is four times Nikon's an

It makes sense to spin off a successful subsidiary into a separate company and bankrupt the unsuccessful parent company. ECC net income is four times Nikon's and one third of Canon's, so it fits right in the middle. Seems like a happy end for Kodak stockholders beyond the sentimental value of continuity of brand.