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Brother Industries Announced to Acquire Kodak Document Imaging Business

April 16, 2013 No Comments

On April 15, Brother Industries Ltd. had announced that it is under the process of an agreement with Eastman Kodak to acquire certain assets of Kodak’s Document Imaging Business (DI). As stated in Brother’s official press release, “the agreement is the initial stalking horse bid under Section 363 of the U.S. Bankruptcy Code, to be […]

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Kodak Accepts $830 Million Financial Deal from Steering Committee for Interim

November 29, 2012 No Comments

On November 28, American company Eastman Kodak announced that it finally accepted and received the offer of Steering Committee of the Second Lien Noteholders Committee for interim worth $8300 million. The commitment replaced the $793 million offer of Centerbridge Partners, GSO Capital Partners, UBS and JPMorgan.  According to the official press release of Kodak, “This financing strengthens […]

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