(Reuters) – Electronics retailer RadioShack Corp <rsh.n> might prepare to file for bankruptcy protection by next month, the Wall Street Journal reported citing people familiar with the matter.
Texas-based Radioshack is in talks with a private-equity firm that could buy its assets out of bankruptcy, the Journal reported, citing sources.
The talks may not produce a deal, and RadioShack may opt for other debt-restructuring options that do not include a sale, the Journal said. Continue reading “RadioShack Is Preparing To File For Bankruptcy”