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Eastman Kodak Company (EK)
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EK » Topics » Our inability to complete divestitures and other portfolio actions could adversely impact our financial position.

This excerpt taken from the EK 10-K filed Mar 1, 2007.

Our inability to complete divestitures and other portfolio actions could adversely impact our financial position.

In January 2007, Kodak announced that it has reached an agreement to sell the Health Group to Onex Corporation. The transaction is expected to close in the first half of 2007. In the event that the Company is unable to complete the divestiture of the Health Group, it could fail to realize the favorable impacts to the Company created through the reduction of debt and other uses. Such a failure could cause Kodak to experience an adverse impact on its financial position.

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