Monday, August 27, 2012

For Sale, Cheap: Former Solyndra HQ

This story just gets better and better.
From Fox Business:
Solyndra headquarters could sell at fraction of original price
Taxpayers are about to take it on the chin again when it comes to solar-panel firm Solyndra, as the now-defunct company looks to sell off its glimmering headquarters for a fraction of the original price.

Bankruptcy court documents filed earlier this week show that Seagate Technology -- which makes hard drives and other storage products -- is offering to buy the Fremont, Calif., building for $90.3 million. The original building cost was cited in earlier documents as roughly $300 million....MORE