THE DEAL: Kodak is selling some of its document imaging assets to Brother Industries Ltd. for about $210 million. Japan-based Brother also will assume the business’ deferred service revenue liability of about $67 million. The deal remains subject to court approval along with possible competing bids.
THE BUSINESS: Kodak’s document imaging business provides scanners, capture software and related services.
EXITING CHAPTER 11: The sale is another key step as Kodak seeks to emerge from bankruptcy protection.
