09-17-2008
|
 |
Moderator
|
|
Join Date: Sep 2006
Location: Emerald Isle
Posts: 82,553
Thanks: 24
Thanked 176 Times in 46 Posts
|
|
|
Data Centers Crucial To Lehman Sale
miller60 writes "What assets retain value in the midst of a financial panic? Data centers. When assets of bankrupt Lehman Brothers were sold to Barclays Tuesday for $1.75 billion, Lehman's data centers and headquarters accounted for $1.5 billion of the value in the deal. That echoes the JPMorgan-Bear Stearns fire sale, in which Bear's two data centers and HQ represented much of the sale price. Amidst financial turmoil, Wall Street's high-tech data centers become the crown jewels for buyers of distressed assets." http://slashdot.org/slashdot-it.pl?f.../09/17/1724247
Read more of this story at Slashdot.
More... |
Linear Mode
