Tuesday, August 26, 2014

"RadioShack shareholder negotiating rescue package" $RSH

Vague story:

"RadioShack Corp's second-largest shareholder, Standard General LP, is negotiating a rescue package with investors to help the consumer electronics retailer ward off bankruptcy, Bloomberg reported, citing people with knowledge of the matter.

Standard General is seeking to strengthen RadioShack's cash flow by issuing debt or equity, Bloomberg said."

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