Looking to further shore up its balance sheet, Kodak (KODK +0.6%) plans to sell its massive Eastman Business Park. The facility covers 1,200 acres in Rochester and Greece, NY, holds 7.2M sq. feet of space, and features 50+ tenants and owners, including several Fortune 500 companies.
Kodak says it will "maintain a significant presence at the site, encompassing research, development and manufacturing activities."
The company had $844M in cash and $678M in debt at the end of 2013.
Previous: Kodak's Q4 results/2014 guidance
Subscribe for full text news in your inbox