Headed to the bankruptcy auction block in May is the well-known trademark of RadioShack, as well as the data of millions of customers and contracts with hundreds of independent dealers strung across small-town America, who have been selling under the RadioShack name for decades, the Wall Street Journal reported today. It is all for sale in a bankruptcy that, so far, has only paid off part of the $1 billion or so in debt that had pushed RadioShack Corp. into bankruptcy in February. While much of the business was saved through a takeover by Standard General LP, the corporate shell of RadioShack left behind in chapter 11 is still trying to scrape up more cash for creditors. More than half the 4,000 stores are being liquidated, but the hedge fund rescued over 1,700 stores and is leading a revival of the retailing operation.
