RadioShack Avoids Total Liquidation

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RadioShack Avoids Total Liquidation

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RadioShack Avoids Total Liquidation

America’s one-stop shop for batteries and phone chargers will survive, albeit in a much-reduced form. A bankruptcy judge in Delaware approved a bid from hedge fund Standard General that will keep the troubled electronics retailer from total liquidation, according to a report in the Wall Street Journal. Standard General’s offer for the company, a $160 million…

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