RadioShack Prepares to File for Bankruptcy

Electronics retailer RadioShack is preparing to file for bankruptcy protection by next month, The Wall Street Journal reported citing people familiar with the matter. Texas-based Radioshack is in talks with a private-equity firm that could buy its assets out of bankruptcy, the Journal reported, citing sources. The talks may not produce a deal, and RadioShack may opt for other debt-restructuring options that don't include a sale, the Journal said.