Deals
RadioShack Sells Customer Data After Settling With States
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RadioShack Corp. won court approval to sell data on about 67 million customers in a $26.2 million deal for assets that also includes the bankrupt electronics retailer’s name.
U.S. Bankruptcy Judge Brendan Shannon in Wilmington, Delaware, approved the sale to hedge fund Standard General LP Wednesday, after almost 40 states, led by Texas, reached an agreement with the chain and the buyer limiting the use of the shopper data.