Bankruptcy Tracker

RadioShack Files Chapter 11 Bankruptcy

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In December 2013, RadioShack entered into a five-year, $585 million credit agreement with a group of lenders that included GE Capital.

RadioShack bankruptcy dual role of hedge funds and private equity as both lenders of last resort and lead asset purchasers for troubled companies.

Founded in 1921 in Boston, Massachusetts as a mail-order operation, RadioShack, the nation's best-known consumer-electronics chain, filed for Chapter 11 bankruptcy protection yesterday four days after the New York Stock Exchange suspended trading of the company's stock and started delisting actions.  The company moved to Forth Worth, Texas in 1963 after merging with Tandy Corporation. 

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