Update:
– RadioShack files for bankruptcy; Sprint to take over some stores (Reuters)
– RadioShack Files For Bankruptcy (ZeroHedge, Feb 5, 2015):
As credit markets have been indicating for 15 months, 94-year-old consumer-electronics chain RadioShack has finally pulled the ripcord…
- *RADIOSHACK FILES FOR BANKRUPTCY PROTECTION AS LOSSES MOUNT
- *RADIOSHACK WILTS UNDER BIG-BOX, ONLINE COMPETITION
RadioShack lists $1.2bn in assets and $1.38bn in debt. Additionally, Bloomberg reports that a post-bankruptcy deal is being worked on with Sprint.