GameStop Wins Bidding for More Than 160 RadioShack Stores

A unit of GameStop Corp. won an auction for the right to take over more than 160 stores that bankrupt consumer-electronics retailer RadioShack Corp. was planning to close. In court documents filed Wednesday in Wilmington, Delaware, RadioShack said GameStop's Spring Communications Holding — known as Spring Mobile — will pay $15,000 a store to take over leases at locations around the U.S. Spring has about two months to decide which of the stores it wants.