[Dx-qsl] RADIO SHACK
MG
mgreen at erols.com
Thu Feb 5 15:32:17 EST 2015
So long ole friend.....
RadioShack's Long, Slow Downward Slide Nears the End
The end is near for RadioShack <http://www.radioshack.com/>. It seems
inevitable that the once seemingly ubiquitous electronics and cell phone
retailer will liquidate its assets, after which RadioShack would cease
to exist. A number of legal steps would have to come first, including a
bankruptcy filing. The New York Stock Exchange (NYSE) de-listed
RadioShack on February 2, after the company failed to maintain a
required minimum value. BloombergBusiness has reported
<http://www.bloomberg.com/news/articles/2015-02-02/radioshack-is-said-to-discuss-liquidation-as-part-of-sprint-deal>
that behind-the-scenes talks are under way to sell approximately half of
RadioShack's owned-and-operated stores to Sprint and shutter the
remaining outlets, although other scenarios involving other entities are
possible. (Arrl Letter for Feb 5 2015)
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