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Kodak sells Flexographic division, stock soars (access required)

Eastman Kodak Co. has sold its Flexographic Packaging Division for an estimated $390 million. Kodak Monday morning announced it had entered into a definitive agreement with Montagu Private Equity LLP, a European private equity firm with headquarters in London. Kodak expects to receive up to $390 million, which includes a base purchase price of $340 million, ...

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Eastman Kodak Co., on the heels of the sale of its Flexographic Packaging Division, has announced several of new projects ...