Sony sells New York HQ for $1.1 billion, up 19% in 2 days

[betacon]

ZaneWane said:

ethomaz said:

kain_kusanagi said:
Not good news. If they are this desperate it means things are worse behind closed doors than they are letting on. The only way for them to turn it around is to start selling TV at competitive prices.

It's not a bad news... every big companies do that like IBM, Microsoft, etc... It's easy to rent the place because all the adminstration is passed to the owner.

 

sony have other building up for sale and fired ten thousand work force so not good new either

So it's just news? Practices happen like this every day in business more so in recent years, it's just a sign of using business equities in a more efficient matter. Exactly what Sony is doing, can't turn things around sitting on your ass.