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US WEST FINANCIAL SERVICES AFTER THE ACQUISITION OF FAIRCILD

Even if the company got Fairchild Semiconductor for a song, and a paper one at that, integrating the business with its own will not come free, and the company has charged its coffers to the tune of $90m by doing a sale and leaseback deal on two plants: the buyer was US West Financial Services Inc, and it will be taking on ownership of a research and development facility at NatSemi headquarters in Santa Clara and a wafer fabrication facility in Arlington, Texas, both of them on 20 year renewable leases.

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CBR Staff Writer

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