Kodak Hires Restructuring Lawyers

Eastman Kodak Co. has hired law firm Jones Day for restructuring advice as it faces growing concerns from investors over its turnaround prospects, people familiar with the matter said.

3M Dips Into Its Cash Pile

3M Co. said Monday that it will bid $943 million for a maker of fingerprint-recognition technology, the latest in a series of moves by big companies to dip into their cash hoards to fuel growth through acquisitions. The industrial conglomerate, whose products range from health-care supplies to abrasives and Post-it notes, said it will offer $10.50 a share for Cogent Inc., Pasadena, Calif., whose board recommended that shareholders accept the bid.

Damn You, Google Cache!

Ironic, isn’t it, that Google has played a key role in the investigation of the family ties that could prevent Federal Trade Commission Chairwoman Deborah Platt Majoras from voting on its proposed merger with DoubleClick. Yesterday, the Electronic Privacy Information Center and the Center for Digital Democracy filed a petition with the FTC demanding that [...]