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Friday February 28, 2014

Sony Continues To Sell Off Buildings

If you can't turn a profit on your products, I guess selling more buildings and closing two thirds of your retail stores might help. frown

In 2013 Sony sold its Madison Avenue U.S. headquarters for $1.1 billion and one of its main Tokyo buildings for another $1.1 billion. The sale of this iconic building will only net the company $146.5 million, though.

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