RadioShack files bankruptcy plan after stores' sale
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Wilmington
RADIOSHACK Corp filed a bankruptcy liquidation plan explaining how the remaining assets of the once-iconic consumer-electronics retailer will be distributed.
The plan follows the sale of about 1,700 of the Fort Worth, Texas-based chain's stores - as well as the rights to its name - to Standard General LP. The hedge fund plans to run the locations under a co-branding arrangement with Sprint Corp.
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