Wednesday, November 28, 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://www.engadget.com/2012/11/28/amd-considering-texas-campus-sale/

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