Daily News: February 26, 2015

Standard General to Lead Bidding in RadioShack Bankruptcy Auction

The Wall Street Journal reported Standard General will lead the bidding at a bankruptcy auction of 1,700 or more RadioShack stores.

According to the Journal , Judge Brendan Shannon on Wednesday approved rules for a March 23 competition over the part of RadioShack’s business that has been marked for a turnaround effort, roughly half the 4,000-store chain.

Previously on abfjournal: RadioShack Files for Bankruptcy; Sprint to Take Over Some Stores, February 6, 2015

To read the entire Journal article, click here.