RadioShack’s bankruptcy filing back in February probably surprised no one, and it’s also not surprising that it has taken almost eight months to sort out the affairs of a company that was 95 years old and had 4,000 stores. While many of the chain’s stores were saved and continue under a new owner, and some creditors will be paid in full, the bankruptcy won’t end well for the Shack’s unsecured creditors. [More]
