RadioShack Prepares to Sell Stores to Sprint in Bankruptcy Deal


RadioShack is preparing to shut down the almost-century-old electronics chain in a bankruptcy deal that would sell about half its stores to Sprint and close the rest, according to people with knowledge of the discussions.

The locations sold to Sprint would operate under the wireless carrier’s name, meaning RadioShack would cease to exist as a stand-alone retailer, said the people, who declined to be identified because the talks aren’t public.

Still, the negotiations could break down without a deal being reached or the terms could change. Sprint and RadioShack also have discussed co-branding the stores, according to two of the people. It’s also possible that another bidder could emerge that would buy RadioShack and keep it operating, the people said.

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