[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.) *
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> 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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