Onex calls off auction of Carestream Health

Late last month, stories circulated that the list of potential buyers for Carestream Health, which was being auctioned by Onex, was quickly shrinking. Now, reports are the list has gone from shrinking to nonexistent, as Onex has called off the auction. Bain Capital and Thomas H. Lee Partners, the final remaining interested parties, have both dropped out of the auction process, according to a Reuters report.

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