OTHER NEWS - July 10, 1992

Kodak to Sell 10 Businesses: Eastman Kodak Co. said it plans to sell 10 businesses as part of its effort to focus on its core photography and imaging operations. Kodak said offers have been made on four of the businesses, but analysts said the others may find no takers and may be liquidated. Kodak, long out of favor among investors, is trying to win back Wall Street’s heart through the sale of the businesses, mostly in information systems and technology, analysts said. Kodak stock rose 12.5 cents to $41.625 in heavy New York Stock Exchange trading. Kodak also said it is extending a previous informal alliance with Canon Inc. to include joint development and manufacturing projects, initially in office copiers. Terms of the agreement were not disclosed.