RadioShack suitors reportedly drop out
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TPG Capital plans to drop out of bidding for RadioShack Corp., according to a Tuesday report in the Dallas Morning News. Blackstone Group LP, which had weighed a joint offer with Fort Worth, Texas-based TPG, is not likely to pursue the electronics retailer on its own, said the report, which cited its source as someone with knowledge of the discussions.� Bain Capital LLC, which had also expressed an interest in RadioShack, is also no longer pursuing the Fort Worth-based retailer, a third person to the newspaper, speaking on condition of anonymity.
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- Places:
- Fort Worth
- FORT WORTH, Texas
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