MEMC (WFR +3.3%) bounces a little after it's reported the recent sale of a Bulgarian solar...

|By:, SA News Editor

MEMC (WFR +3.3%) bounces a little after it's reported the recent sale of a Bulgarian solar project by the company's SunEdison subsidiary closed for $220M. That could help the company, whose solar wafer ops have been burning cash, pay down a bit of its $2.1B+ debt load.