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A major Mexican news magazine had reported in March 2015 that Grupo Gigante actually purchased 100% of the stock in RadioShack de México from RadioShack Corporation for US$31.8 million, two months prior to the bankruptcy filing, but had only had to hand over US$11.8 million to RadioShack Corp. for also assuming approximately US$20 million in ...
What: Shares of Radio Shack took an afternoon dive today, falling as much as 23% after trade publication Debtwire revealed that the company is on the verge of a liquidity crisis.
The graphic below tells the tale, comparing the S&P 500's average annual gains (or losses) for rolling five-year, 10-year, 20-year, and 30-year time frames going all the way back to 1956.
That year, Tandy was the leading Unix vendor by volume, selling almost 40,000 units of the 68000-based, multiuser Tandy Model 16 with Xenix, [14] [20] and began selling all computers using the Tandy brand [21] because, an executive admitted, "we were told by customers that the Radio Shack name was a problem in the office". In the mid-1980s, it ...
In 1963, Tandy Corporation acquired management control of the Radio Shack Corporation and, after two years, Charles Tandy had turned the company's $4 million loss into a profit. During that time of recovery, the Tandy Corporation purchased common stock until they owned 85% of the outstanding Radio Shack common stock. [8]
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Investors have watched shares of RadioShack rally over 40% in the last five days and it's left many scratching their heads. Big moves in stocks' prices like the one we've seen with RadioShack can ...