Is RadioShack Only Worth $500 Million? |Dallas Business Journal

Struggling consumer electronics retailer RadioShack Corp. has been offered $500 million in bankruptcy financing by Salus Capital Partners.The Wall Street Journal reported that the move could increase Salus Partners’ influence over RadioShack #NYSE: RSH#, should the Fort Wort-based retailer end up in Chapter 11 bankruptcy.While RadioShack hasn’t said it will seek Chapter 11 protection, it has posted 11 straight quarters of losses and is running out of cash…

via 5 things to know: Including RadioShack offered $500M in bankruptcy financing – Dallas Business Journal.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.