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Sony Corporation Message Board

  • kalv777 kalv777 Jan 18, 2013 12:25 AM Flag

    Sony sell of NYC building for $1.1 billion net gain around $685million

    After repaying debt related to the building and other transaction costs, it is expected that Sony will receive net cash proceeds of approximately $770 million. Sony expects to realize a gain on the sale of approximately $685 million to be recorded as operating income.

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