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RadioShack under new ownership

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Twice-bankrupt electronics chain RadioShack has new ownership.

Miami-based Retail Ecommerce Ventures LLC bought the rights to the brand for an undisclosed price last week.

Retail Ecommerce Ventures earlier this year purchased the e-commerce business of Pier 1 Imports and the trademark assets of Modell's Sporting Goods out of bankruptcy.

Read more from The Wall Street Journal.


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