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AMD Shares Up on Real Estate Sale-Leaseback

Published on November 28, 2012
by 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.

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