Kodak Pulls Plug on Another Business

Eastman Kodak Co. will wind down its desktop-printer unit next year, pulling the plug on a business that for half a decade was central to Chief Executive Antonio Perez’s plan to turn around the company.

The decision will cost Kodak $90 million, as the company lays off staff and writes down the value of its consumer-printing assets. It also will leave the company even smaller as it works to emerge from bankruptcy protection sometime next year.

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