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Wednesday, 1 May 2013

Kodak to Sell its Film Business to KPP

Please note this post is not created by Jay Clapp photography this is photography related news collected from http://www.photographyblog.com for you to enjoy :)


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Kodak has announced a comprehensive settlement agreement with the U.K. Kodak Pension Plan (KPP), its largest creditor, providing for the spin-off of Kodak’s Personalised Imaging and Document Imaging businesses to KPP for cash and non-cash consideration of $650 million. The Personalised Imaging business consists of Retail Systems Solutions, the world leader in retail photo kiosks and dry lab systems, Event Imaging Solutions and Film Capture.


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