BUSINESS BRIEFING / PHOTOGPAPHY
From Times Wire Reports
Polaroid Corp., the bankrupt pioneer of instant photography, was sold in an auction for $59.1 million to private-equity firm Patriarch Partners.
Patriarch’s offer must be approved by U.S. Bankruptcy Court in St. Paul, Minn. Polaroid sought court protection last year amid an alleged $3-billion Ponzi scheme by its owner.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
