RadioShack Corp

RadioShack Corp

RadioShack rescue deal dogged by fights, demands for new auction

RadioShack Corp's rescue deal to keep 1,740 stores open was attacked on Thursday by the bankrupt retailer's top creditor, a failed bidder who called the auction a sham and sought a new sale.

Read Full Article
RadioShack Corp

RadioShack files for bankruptcy; Sprint to take over some stores

Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder.

Read Full Article
RadioShack

RadioShack may close, Sprint to get half of chain: BBG

Troubled electronics retailer RadioShack Corp is preparing to shut down the chain in a bankruptcy deal that would see half the stores taken over by Sprint Corp, Bloomberg News reported, citing people with knowledge of the discussions.

Read Full Article
RadioShack Corp

RadioShack in talks to sell leases on stores to Sprint

RadioShack Corp, expected to file for bankruptcy next month, is in talks to sell leases on some of its stores to telecoms operator Sprint Corp, Bloomberg said, citing a person with direct knowledge of the matter.

Read Full Article
RadioShack Corp

RadioShack reaches refinancing deal with Standard General

Cash-strapped electronics retailer RadioShack Corp has reached an agreement with a consortium led by its largest shareholder Standard General LP to refinance about $590 million of loans to re-stock ahead of the holiday season, Bloomberg reported, citing a person familiar with the matter.

Read Full Article
RadioShack Corp

RadioShack mulls $585 million financing package from UBS, Standard General: WSJ

RadioShack Corp (RSH.N) is evaluating a $585 million financing package led by UBS AG (UBSN.VX) and hedge fund Standard General LP as the U.S. electronics retailer tries to avert bankruptcy, the Wall Street Journal reported, citing people familiar with the matter.

Read Full Article
RadioShack Corp

RadioShack Corp receives new financing despite sales declines

RadioShack Corp received a five-year financing worth USD 835 million.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics