AMD Closes Transaction to Sell and Lease-Back Austin Campus, Generating Approximately $164 Million in Cash
SUNNYVALE, CA and AUSTIN, TX — (Marketwire) — 03/26/13 — (NYSE: AMD) today announced the successful closing of its transaction with 7171 Southwest Parkway Holdings, LP to sell and lease-back the company-s "Lone Star Campus" located at 7171 Southwest Parkway in Austin, Texas. The transaction generated proceeds of approximately $164 million in cash, net of all fees, which will be reflected in the company-s first quarter 2013 financial statements when reported on Apr. 18, 2013. As a