A bankruptcy judge cleared the way for RadioShack Corp. to sell its brand name and customer data to a Standard General affiliate for about $26 million, rejecting a competing bidder's claim that the auction process was unfair, Reuters reported yesterday. Separately, RadioShack resolved objections to the sale from several state attorneys general who were concerned the deal could threaten consumers' privacy. Those matters were the last major hurdles to the bankrupt electronics chain's plan to sell its intellectual property to General Wireless, the same Standard General affiliate that acquired 1,743 RadioShack stores in March. Hon. <b>Brendan Shannon</b> said that RadioShack had the right to alter bidding procedures in reliance on its business judgment. A RadioShack lawyer said the two-day auction had grown tense, and the company felt bidders might walk away if incremental bidding dragged on.
