Sunday, January 15, 2012

KKR opens up 400 million dollar invests Kodak

Beijing time on September 17 afternoon message, dvd discovery best buy according to foreig most popular selling dog crates large n media coverage, kodak Zhou San expresses, the plan raises money at most capital of 700 million dollar, include the following abbreviation of Kohlberg Kravis Roberts(of company of illicit collect equity among dog stairs them " KKR " ) the investment of about 400 million dollar, in order to prop up company balance sheet, thereby adequate capital has investment.



Kodak finished last a period of time 4 years to cost what do not poor to recombine before a year about, amount to of this company transition piles up photography product and printer man the most popular selling dog stairs ufacturer. In recombining a process, kodak cut down employee number half.



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After recombine, kodak is faced with the concussion that global decline brings all the time, economic depression keep within limits the travel expenses of consumer, and travel is the main activ dog crates large best buy ity that spurs consumer to use camera. When July, the outstanding achievement of the 2nd season that Kodak announces is disappointing, because demand is exhausted weak caustic reachs dog crates large dogs business of its film and digital photography.



Kodak Zhou San expresses, its pressed accepted accounting principle 2009 (GAAP) calculative deficit predicts to will fall before c dog stairs for bed oming beforehand the low end of 100 million dollars of appraise interval 2-4, what report gives expenses of cost of its counterpoise group, interest and in the best selling dvd discoveryterest income is newest evaluate.

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Kodak shar dog stairs for car e price is in dish hind the defeat in trading drops 2.7% to 6.5 dollars, groovy period of time hands in place to close in new York card tall 4.5% , sign up for 6.68 dollars. memory card digital cameras



KKR will be bought most the Kodak of 400 million dollar is preferential have assure bond. This company shows, its reflect the credit that gives pair of its company strategies to the investment of Kodak. Kodak also says, will issue to KKR identify equity evidence, close to its can buy common stock of 53 million Kodak at most.



KKR returns assign two people hold a post in Kodak board of directors, relevant and specific details will be by September trade when finishing, announce.



Additional, kodak is returned with private the pattern that matchs carry out issues what 300 million dollar expired 2017 to be able to change preferential debt.



Trade according to be familiar with the message personage of the circumstance discloses, specified number of basis preparing capital and the authority card quantity that can change, KKR acquires the Kodak equity that makes an appointment with 13-17% possibly finally. (Wood)

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