RadioShack is selling its name for $20 million-plus — mashable.com

RadioShack's name is up for sale, with bids starting at $20 million. Hedge fund Standard General, the company's largest shareholder, tried to win approval from the U.S. Bankruptcy Court proceedings on Wednesday, to lead the bidding for RadioShack's name at a March 23 auction, according to multiple and reports from U.S. Bankruptcy Court proceedings on Wednesday. Standard General plans to buy as many as 2,000 RadioShack stores. The fund had previously planned to co-brand stores with Sprint, and hadn't outlined what it planned to do with RadioShack's name.

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