[ARRL-OK] [OKDXA] Radio Shack Closings In Oklahoma

D C _Mac_ Macdonald k2gkk at hotmail.com
Tue Feb 10 16:28:24 EST 2015


It's a Chapter 11 (reorganization) filing: 
 
You may have to convert the following to a short URL.  I've lost my shortcut to do it. 
 
(http://www.slate.com/blogs/moneybox/2015/02/06/radioshack_bankruptcy_chapter_11_finally_comes_to_the_consumer_electronics.html)
 
 
* * * * * * * * * * * 
* 73 - Mac, K2GKK/5 * 
* (Since 30 Nov 53) * 
* k2gkk hotmail com * 
* Oklahoma City, OK * 
* USAF & FAA (Ret.) * 
* * * * * * * * * * * 
 

> Date: Tue, 10 Feb 2015 15:49:44 -0500
> To: okdxa at mailman.qth.net
> Subject: Re: [OKDXA] Radio Shack Closings In Oklahoma
> From: okdxa at mailman.qth.net
> 
> A chapter 11 filing is for reorganization....Chapter 7 is for total  
> liquidation.....
>  
> RIBBIT........................RIBBIT...............
>  
>  
> In a message dated 2/10/2015 2:43:15 P.M. Central Daylight Time,  
> k2gkk at hotmail.com writes:
> 
> To the  best of my knowledge, Radio Shack has merely declared bankruptcy!  
> That  does NOT mean total close down. 
> 
> As is common in such cases, protection  is offered to the company while it 
> attempts to reorganize, cut expenses, and  come back in a stronger financial 
> condition. 
> 
> If, as Tom has stated,  Radio Shack has some 4,000 stores, the scheduled 
> shutdown of 1,784 of those  stores would tend to suggest that the above 
> paragraph is in play here.  
> 
> * * * * * * * * * * * 
> * 73 - Mac, K2GKK/5 * 
> * (Since 30 Nov  53) * 
> * k2gkk hotmail com * 
> * Oklahoma City, OK * 
> * USAF & FAA  (Ret.) * 
> * * * * * * * * * * * 
> 
> 
> 
> > From:  tmwebb at cox.net
> > To: rksimpson1 at cox.net; okdxa at mailman.qth.net;  ocapa at mailman.qth.net; 
> arrl-ok at mailman.qth.net;  oktraders at yahoogroups.com
> > Date: Tue, 10 Feb 2015 07:36:12  -0600
> > Subject: Re: [OKDXA] Radio Shack Closings In Oklahoma
> >  
> > Some of the stores will be kept open awaiting transfer to Sprint and  
> Amazon,
> > i.e keep the property in serviceable condition.  I should  think a few of 
> the
> > 4,000 Shack's will remain open. 
 		 	   		  


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