RadioShack (RSH) to Sell Stores to Sprint (S) in Bankruptcy Deal: Report
February 02, 2015 at 14:45 PM EST
RadioShack Corp. (RSH) shares tumbled 17% in midday trading Monday, after Bloomberg News reported that the struggling electronics retailer is preparing to shut down the chain in a bankruptcy deal that would see half the stores taken over by Sprint Corp (S). The locations sold to Sprint would operate under the wireless carrier’s name, meaning […] View the full post at: RadioShack (RSH) to Sell Stores to Sprint (S) in Bankruptcy Deal: Report Related posts: Sprint could spin off Nextel unit CIT Group Cuts Deal with Key Bondholders to Avoid Bankruptcy Consumer Bankruptcy Filings Increase 36.5% Y/Y
