Wednesday, April 1, 2015

RadioShack lives to see another day

Remember that post about RadioShack going bankrupt and how Sprint was planning on turning like half of them into Sprint stores? Well, according to Wired that's what's happening. The remaining 1,740 stores will share a third of their space with Sprint and both companies will have their names on the signs. The main reason why RadioShack still exists is because it was bought out by some hedge fund called Standard General. Apparently this didn't sit well with some other company called Selaus Capital Group who were RadioShack's biggest lender. You know, for an electronics company that is like universally agreed to have been outdated and moribund, The Shack sure has a lot of companies fighting for and over it.

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