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RadioShack in talks to sell leases on stores to Sprint: Bloomberg

2015-01-16 01:24:51| IT Services - Topix.net

RadioShack Corp, expected to file for bankruptcy next month, is in talks to sell leases on some of its stores to telecoms operator Sprint Corp, Bloomberg said, citing a person with direct knowledge of the matter. The struggling electronics retailer is seeking to emerge from bankruptcy with 2,000 to 3,000 stores, compared with the more than 4,000 it has now, the source told Bloomberg.

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