News Summary: Kodak to sell some imaging assets

News Summary: Kodak to sell document imaging assets to Brother Industries for about $210M

Associated Press

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.

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