Eastman Kodak of Rochester, NY, said it will provide an update on the status of its Health Group on or before its annual strategy meeting with investors, which is currently scheduled for February 8, 2007.
In May Kodak said it was exploring "strategic alternatives" for its health division that could include the sale of the unit. The company retained investment banking firm Goldman, Sachs & Co. of New York City as its financial advisor.
On December 27, Kodak reported that it "is making significant progress in completing its study of strategic alternatives for its Health Group." It added that it expects to make a public announcement on the division's fate in early 2007.
By AuntMinnie.com staff writers
December 27, 2006
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