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RadioShack's fate to be decided at bankruptcy auction

Mar. 23, 2015 3:55 AM ETRadioShack Corporation (RSH) StockRSH, RSHCQ, SBy: Yoel Minkoff, SA News Editor36 Comments
  • RadioShack's (NYSE:RSH) fate hangs in the balance today when a bankruptcy auction kicks off, pitting companies that want to liquidate the retailer's remaining assets against a hedge fund that has vowed to keep about half the chain's stores open.
  • Standard General, which has allied with Sprint (NYSE:S) in a bid to create co-branded outlets, calls its offer the "only hope" for RadioShack to survive bankruptcy and stave off liquidation.

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