Tag Archives: Kohlberg Kravis Roberts

Response To Critic Of Our Eastman Kodak Post

By | December 30, 2011

Recently, we’ve taken a dim view of Eastman Kodak’s(EK) prospects.  As we wrote here and here, we believe the company is most likely past the point where a turnaround outside of bankruptcy is possible. A commenter assuming various names, most recently “Truthseeker”, has expressed his criticism in a most disdainful and discourteous manner.  While we object strenuously to… Read More »

KKR’s Representatives On Kodak’s Board Resign As Bankruptcy Looms

By | December 27, 2011

A little over two years ago, on September 29, 2009, Kolhberg, Kravis Roberts purchased $300 million in Senior Secured Notes from Eastman Kodak(EK) and was granted 40 million warrants at $5.50 per share.  As part of the investment, KKR exercised its right to nominate two directors, Herald Chen and Adam Clammer.  Today, Kodak announced that Mr. Chen and… Read More »