New York hedge fund buys RadioShack name, data for $26.2M

Biz Journals – New York hedge fund Standard General LP has been declared the winner in an auction for RadioShack’s name and other intellectual property.

Standard General agreed to pay $26.2 million for the Fort Worth retailer’s trademark and customer data. In March, it also bid $160 million to purchase more than 1,700 RadioShack stores.

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