Kodak Details Restructuring Progress; Will ‘Wind Down’ Consumer Inkjet Printer Sales
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• Continued negotiations with respect to the sale of its intellectual property assets and the development of alternatives in the event a transaction on acceptable terms is not reached, and
• Continuation of normal global operations while aggressively conserving cash, with worldwide cash balances consistently in excess of $1 billion and with Days Payable Outstanding remaining stable.
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- Companies:
- Eastman Kodak
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