RadioShack Intellectual Property to Be Sold in Stalking-Horse Auction July 20
General Wireless, which owns the RadioShack brand in the U.S., Canada and many other global markets, hired Hilco Streambank, an intellectual property disposition firm, to sell its RadioShack assets in a stalking-horse auction, Hilco said in a Friday announcement. The…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
auction is scheduled for July 20, with bids due by July 18, Hilco said. Sprint’s 2015 agreement with General Wireless to run co-branded RadioShack-Sprint mobility stores quickly soured, and that became the trigger that sent RadioShack hurtling in March toward its second bankruptcy filing in as many years (see 1703090038).