April 16, 2013
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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November 29, 2012
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 ...
Tags: kodak bankruptcy, Kodak exits to bankruptcy, Kodak ink cartridge, kodak inks, printing newsFeatures, Industry News