Quote Originally Posted by Steve Smith View Post
I don't see why any company would sell a part of the company which is profitable - especially Kodak if it's their only profitable part.

The problem is the share holders want more return on investment. If their film business is worth $1 million but the profit is only 1% they declare that profit too small. They then decide it would be better to sell it for the million and invest that money in the next big thing. But they keep getting the next big thing wrong and make no money at all.

Kodak has sold off may parts of the company that were profitable. You can't really find a good buyer for a division that is lossing money. They then used this money for their mostly failed transition into new technology.