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January 18, 2013 08:29 am GMT
Sony's U.S. unit is selling its NYC headquarters to a group of investors led by Chetrit Group for $1.1 billion, the cash-strapped company announced today. Sony said it will use the proceeds to "undertake a range of initiatives to strengthen its financial foundation and business competitiveness and for future growth."
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/PYvlp8Fupwc/
Sony Corp Sells Its U.S. Headquarter Building for $1.1B
Sony's U.S. unit is selling its NYC headquarters to a group of investors led by Chetrit Group for $1.1 billion, the cash-strapped company announced today. Sony said it will use the proceeds to "undertake a range of initiatives to strengthen its financial foundation and business competitiveness and for future growth." Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/PYvlp8Fupwc/
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