Daily News: April 27, 2015

Salus CEO Said to Leave Firm Following RadioShack Losses

Bloomberg reported Andy Moser, the co-founder and CEO of Salus Capital, left the firm following losses from its $250 million loan to RadioShack, according to four people familiar with the situation.

Bloomberg said further the departure comes as owner HRG Group, formerly known as Harbinger Group Inc., reviews options for Salus, including a sale of the firm, according to one of the people.

To read the entire Bloomberg article, click here.

Previously on abfjournal: Final RadioShack Store Closing Sales Begin, April 2, 2015