Feb 06

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. Continue reading »

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