Eastman Kodak Company (NYSE: EK) has closed its previously announced sale of its OLED (organic light-emitting diode) business. The OLED business was sold an entity set up by a group of LG companies. The move will tighten the company's investment focus and also strengthen its financial position. Kodak's financial advisor in the sale was Nomura Securities International, Inc.
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Eastman Kodak Company (Kodak) provides imaging technology products and services to the photographic and graphic communications markets. The Company’s products span digital cameras and accessories; consumer inkjet printers and media; digital picture frames; retail printing kiosks and related media; online imaging services; prepress equipment and consumables; workflow software for commercial printing; electrophotographic equipment and consumables; inkjet printing systems; document scanners; origination and print films for the entertainment industry; consumer and professional photographic film; photographic paper and processing chemicals, and wholesale photofinishing services.
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