The Traderszone Network

Published in TZ Latest News 19 March, 2015 by The TZ Newswire Staff

Standard General’s bid is RadioShack’s sole hope of survival: WSJ

The offer is less than the earlier estimate of $200 million made by the hedge fund because the lead bidder is leaving hundreds of RadioShack stores behind, the Journal reported. The deal with Standard is the only proposal that could save 9,000 jobs at the retailer, Standard General’s lawyer Gregg Galardi said at a court hearing, according to the report.

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