Tuesday, June 1, 2010

Blackstone set to buy out the Shack...

Blackstone Group LP (BX). The private equity firm has emerged as a leading participant to buy electronics retailer RadioShack Corp (RSH) after an initial round of bids were completed last week, the New York Post said, citing sources familiar with the matter.

RadioShack is up over $1 premarket to $21.50

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