Amazon In Talks To Buy Thousands Of Stores From Radioshack

Also in the buyout mix? Sprint, which is said to be interested in up to 2,000 of RadioShack’s locations, and Brookstone, a chain typically relegated to shopping malls. RadioShack is on the verge of bankruptcy, and is going to be delisted from the New York Stock Exchange after defaulting on a $500 million loan. As the end is seemingly nigh, an asset firesale could help repay the defaulted loan, and settle some or all outstanding debts. Source: Bloomberg