Unifi Announces Approximately $60M Sale Of 120 Acres, 500K Square Feet Of Warehouse Space In North Carolina; Proceeds To Reduce Debt
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Why It Matters
Unifi is selling a big warehouse building and land in North Carolina for about $60 million, and they'll use that money to pay back money they borrowed. When a company sells buildings to pay down debt, it can mean they want to be more careful with their money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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