EDITOR'S notebook

From a people standpoint, the big winner is Jim Langley, who convinced the Eastman Kodak board to commit almost $2 billion for its latest round of graphic arts industry acquisitions. Also coming out on top is KPG CEO Jeff Jacobson, who was appointed COO of Kodak CGC's most important operating unit. The biggest loser appears to be ex-World Color and Moore Corp. CEO Robert Burton who, with Toronto hedge fund Goodwood, was attempting to oust Creo CEO Amos Michelson and the current board of directors at a planned special meeting that would have been held this month in conjunction with Creo's annual shareholder meeting. With the Kodak deal eminent—based on Creo shareholders receiving $16.50 per share in a deal valued at approximately $980 million—Burton's attempt to wrestle control of Creo now seems dead in the water.