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5 Feb, 2015

Files bankruptcy

RadioShackBankruptcy0 Comments

RadioShack files for Chapter 11 bankruptcy protection after Sprint and shareholder Standard General LP agree to buy 1,500 to 2,400 of its stores. RadioShack plans to operate normally through the bankruptcy process. Joe Magnacca, RadioShack’s chief executive:

These steps are the culmination of a thorough process intended to drive maximum value for our stakeholders.

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