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Wednesday, November 28, 2012

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

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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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Written by Hasloo Network staff.