Detroit Bell was only HQ, now all.
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Selling everything but communications and entertainment. Nobody will buy those products since they ruined them.
I hear the company sold the Alabama Operations Center Building in Birmingham Alabama also... All the workers are being transferred to the Data Center Building this year.
Helloooooo...workforce 2020 clearly the business plan to get rid of real-estate and consolidate.....
They've been doing this awhile. Soon they will run out of real estate.
Anybody ever play Monopoly? Those that resort (willingly or not) to selling everything to survive..... well, they rarely win, and usually lose in spectacular fashion.
Big shots also mentioned selling off assets to help pay off debt.
Ya'll got lead in your water in Detroit?
I think they thought they were lowering their liability exposure, but that racket is defunct as of Jan 1 of this year.
https://www.cnbc.com/2019/02/15/a-big-change-in-accounting-puts-3-trillion-on-corporate-books.html