The US Department of Justice is seeking more information on the deal as part of an informal investigation.
"It is not uncommon for the Department of Justice to make second requests in transactions of this kind," said a Kodak spokesman. "We remain confident that we will complete the transaction."
However, the firms are now talking about completing the deal in the summer rather than by the end of Q2.
Sources suggest that the sticking point in agreeing the deal relates to the US newspaper plate market, although Kodak wouldn't comment on the claims.
Former KPG chief executive Jeff Jacobson will head up the Graphic Solutions & Services (GS&S) division and act as GCG chief operating officer.
Story by Barney Cox
Have your say in the Printweek Poll
Related stories
Latest comments
"Sad to see another print company facing financial trouble. The industry is tough, and this highlights the ongoing challenges many are facing. Hope employees and customers get clarity soon."
"Not surprised, businesses need to prepare for these attacks rather than thinking that they're going to avoid them. At the very least, data needs to be fully protected with air gaps in place..."
"So much for growth then!"
Up next...
Six months after Charlesworth deal
TJ Books looks to appoint admins
Current timeframes are insufficient
Election print and postal pressures highlighted in AEA report
"Significant milestone"
Riso celebrates 20 years of inkjet
Strengthens existing product portfolio