Amd Planning To Sell And Lease Back Its Texas Campus To Scratch Out $

[Nikkar Narayana]

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. [url="http://www.engadget.com/2012/10/18/amd-reports-revenues-for-q3-2012/"]AMD[/url], no [url="http://www.engadget.com/2012/03/05/globalfoundries-buys-out-amd/"]stranger[/url] to the process, is pondering flogging and leasing back its 58-acre Texas campus for around $200 million. Perhaps it could shack up with [url="http://www.engadget.com/2012/10/03/is-nokia-selling-off-its-headquarters-in-espoo-finland/"]Nokia[/url] and [url="http://www.engadget.com/2012/09/06/sharp-mortgages-itself/"]Sharp[/url] in a Starbucks branch until its current woes abate.

http://www.reuters.com/article/2012/11/27/us-amd-blackfriday-idUSBRE8AQ12I20121127