Kodak Agrees to $210 Million Imaging Sale to Brother

Eastman Kodak Co., the bankrupt photography pioneer, agreed to sell document-imaging assets to Japanese office-equipment company Brother Industries Ltd. for about $210 million, setting the minimum bid for an auction.

Any deal requires approval from the judge overseeing Rochester, New York-based Kodak’s bankruptcy case, the companies said in statements today. Nagoya, Japan-based Brother’s bid also assumes about $67 million of customer prepayment liabilities.