Judge allows RadioShack to keep 1,700 stores open

April 1, 2015 7:43 PM

67 0

A bankruptcy judge approved a plan Tuesday that would keep about 1,700 RadioShack stores open, but the battle isn't over for the old-fashioned electronics retailer.

The ruling by Judge Brendan Shannon in Wilmington, Del., allows RadioShack to sell 1,740 stores to the New York hedge fund Standard General, which first acquired a stake in RadioShack last year.

Also read: U.S.-China Trade War Is Bad News for Google’s Expansion

Read more

To category page