"We'll still need to get some details from General Mills about what they think this does to their top-line growth," she said.

"They were overly aggressive on the top-line growth at the expense of profitability."

"Those companies don't have to rely on top-line growth for earnings improvement."

That's top-line growth of close to 21 percent.

"You're looking at top-line growth of 13 percent a year over the next four or five years," he said.

"Deals are happening because top-line growth is relatively limited."

But the effect will be to reduce the explosive top-line growth of the company.

They have lower top-line growth than the others in the group.

That leaves Kodak's digital businesses to drive top-line growth, analysts say.

"I don't see much top-line growth, and they still have a lot of work to do on the expense side."