Kodak Announces Plans to Sell Personalized Imaging and Document Imaging Businesses

Eastman Kodak Company announced that it has “initiated sale processes for its market-leading Personalized Imaging and Document Imaging businesses,” according to an Aug. 23 press release by the Chapter 11 debtor.

Kodak and 15 U.S. subsidiaries filed for Chapter 11 protection Jan. 19 in the U.S. Bankruptcy Court for the Southern District of New York (24 BBLR 116, 1/26/12).

‘Valuable Businesses.’

“The initiation of a process to sell the Personalized Imaging and Document Imaging businesses is an important step in our company’s reorganization to focus our business on the commercial markets and enable Kodak to accelerate its momentum toward emergence … ...