Thursday, November 29, 2012

AMD Shares Up on Real Estate Sale-Leaseback - Arik Hesseldahl ...

Shares of chipmaker Advanced Micro Devices are rising by more than 4 percent today on word that the company expects to make between $150 million and $200 million on a sale-leaseback deal pending on its 58-acre campus in Austin, Texas. The move had been rumored earlier this month, and will alleviate a worsening shortage of cash.

Source: http://allthingsd.com/20121128/amd-shares-up-on-real-estate-sale-leaseback/

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