|04/09/15||Sprint to More than Double Company-Owned Stores with April 10th Opening of Co-branded RadioShack Retail Locations|
|Company Expects to Create Nearly 3,500 Jobs Nationwide
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Tomorrow Sprint (NYSE: S) will more than double its company-owned retail
footprint by opening 1,435 Sprint-RadioShack stores. The expansion will
immediately give more customers across the country improved access to
Sprint’s unique and industry-exclusive leasing programs, unlimited plans
and Boost and Virgin Mobile prepaid offerings.
With the new RadioShack store network, recently ac... |
|03/12/15||RadioShack Statement Regarding Stock Price and Trading Volume|
|FORT WORTH, Texas, March 12, 2015 /PRNewswire/ -- In light of the trading volume in its common stock at prices in excess of $0.20 per share, RadioShack Corporation today reiterated its belief that there will be no recovery for any equity holder in its pending Chapter 11 proceedings.
Equity holders of a company in Chapter 11 bankruptcy generally receive value only if all claims of a company's secured and unsecured creditors are fully satisfied. RadioShack said it believes that the... |
|02/05/15||RadioShack Reaches Asset Purchase Agreement with Affiliate of Standard General To Acquire up to 2,400 Stores|
|Standard General and Sprint to Establish "Store within a Store" Retail Model at up to 1,750 Acquired Stores
Will Pursue Asset Sale and Additional Restructuring Steps Through Court-Supervised Chapter 11 Process
Secures Debtor-in-Possession Loan Commitment To Support Sale Process
Plans to Close Remaining Underperforming Stores
FORT WORTH, Texas, Feb. 5, 2015 /PRNewswire/ -- RadioShack Corporation announced today several actions intended to maximize value for the Company's stakeholders.
|01/22/15||RadioShack Receives Continued Listing Standards Notice from the New York Stock Exchange|
|FORT WORTH, Texas, Jan. 22, 2015 /PRNewswire/ -- RadioShack Corporation ("RadioShack" or the "Company") (NYSE: RSH) received a continued listing standards notice from the New York Stock Exchange (the "NYSE") on January 15, 2015, because the average market capitalization of the Company was less than $50 million over a period of 30 consecutive trading days and stockholders' equity of the Company was below $50 million.
RadioShack's common stock continues to trade on the NYSE. Under NYSE rules, ... |