Friday, November 30, 2012

AMD planning to sell and lease back its Texas campus to scratch out a few extra bucks

AMD planning to sell its Texas campus, prized baseball cards in hope of earning a few extra bucks

Cash-strapped businesses who just can't keep winking at their bank managers are turning to their real-estate assets for a little extra bread. AMD, no stranger to the process, is pondering flogging and leasing back its 58-acre Texas campus for around $200 million. Perhaps it could shack up with Nokia and Sharp in a Starbucks branch until its current woes abate.

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Via: TechEye, Xbit

Source: Reuters


Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/VaA3C1VgLY0/

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