RadioShack's US intellectual property (the RadioShack name and marks), its sourcing operations and limited categories of customer data, sold out of Chapter 11 to General Wireless, an affiliate of Standard General. Under the privacy settlement the data was limited to email addresses customers gave in the last two years plus certain other fields; no Social Security, telephone, birth date or card numbers.
$26.2 million per sale of one company's brand, sourcing operations and limited customer data
Dated 20 May 2015Source checked 20 Oct 2026Quote found on its page again 21 Oct 2026Basis: stated
In the source's own words
“Jones Day later helped RadioShack with the sale of its U.S. intellectual property, sourcing operations, and limited categories of customer data. After an extended auction involving a number of bidders, RadioShack agreed to sell the assets for $26.2 million to Standard General. That sale was approved by the Bankruptcy Court after a contested hearing on May 20, 2015.”
Where it was read
What it is about
- RadioShack
- General Wireless (Standard General)
- Company records
Figures it counts in
- $3.4M per contractCompany records, sales that happened, per contract