BUSINESS
August 5, 1994 | From Times Staff and Wire Reports
Kodak May Buy Control of Qualex: The photographic giant is close to reaching agreement to pay $220 million for Actava Group Inc.'s half-share in Qualex Inc., the companies' photo-finishing joint venture. Eastman Kodak Co., the world's largest photographic company, and Actava are completing negotiations that could seal an accord within two weeks, sources familiar with the transaction said.