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US agency lines plan $ 765 million loan for Kodak probes in mid



WASHINGTON – A federal agency has put in anticipation of a $ 765 million loan to Eastman Kodak Co. as the agreement fell under the control of congress and the regulator.

The U.S. International Development Finance Corporation announced plans last month to borrow Kodak funds to produce drug ingredients in its factories. But in a tweet late Friday, the agency said “recent allegations of wrongdoing raise serious concerns. We will not proceed further unless these allegations are clarified.” The action was reported earlier by other news …


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