Eastman Kodak Buys Out KPG, Nears Deal to Acquire Creo

ROCHESTER, NY—Eastman Kodak moved to gain sole possession of Kodak Polychrome Graphics (KPG) on January 12 with a proposal to purchase Sun Chemical's 50 percent interest in the joint venture for $817 million, then shocked the industry later in the month with the news that it was acquiring Creo for about $980 million.