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Tech Industry

Short Take: Kodak to sell stake in tech company to IBM

Eastman Kodak has agreed to sell its minority interest in Technology Service Solutions to IBM, which holds the remaining stake. Terms of the deal were not disclosed, but Kodak said the sale is part of its strategy to divest holdings that are not part of its core businesses. The target closing date for the sale is December 15.

Eastman Kodak has agreed to sell its minority interest in Technology Service Solutions to IBM, which holds the remaining stake. Terms of the deal were not disclosed, but Kodak said the sale is part of its strategy to divest holdings that are not part of its core businesses. The target closing date for the sale is December 15.