Radio Shack Mulls Sale of the Company, New York Post Reports

Radio Shack (RSH) is “exploring strategic alternative including a possible sale of the company,” the New York Post reports this morning. Citing “people close to the situation,” the Post says the electronics chain could be sold for over $3 billion. (Which isn’t all that stunning a figure, given the company’s $2.7 billion market cap.)

The report says investment bankers for the company have already begun pitching private equity firms about a potential LBO of the retailer.

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