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AMD makes the long-expected sale/lease-back of its Austin campus official. AMD, which is...

Mar. 12, 2013 11:18 AM ETAdvanced Micro Devices, Inc. (AMD) StockAMDBy: Eric Jhonsa, SA News Editor1 Comment
AMD makes the long-expected sale/lease-back of its Austin campus official. AMD, which is entering into a 12-year lease for the facility, expects to receive proceeds of $164M, and record a charge of $50M related to the difference between the sale price and the property's carrying value. (PR)

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