In a release on Thursday evening RadioShack announced that it has filed for bankruptcy and that it has agreed for an affiliate of hedge fund Standard General, General Wireless, to purchase between 1,500-2,400 of its U.S. stores.
Covered Quiznos sign as flagship store shuttered. photo/bmm
DENVER – Quiznos issued a press release yesterday that declared Quiznos has successfully completed its financial restructure and has emerged from Chapter 11. But bankruptcy court documents show otherwise.
Escalator to Rick Schaden executive team headquarters
DENVER – Although Quiznos CEO Stuart Mathis assured concerned franchisees less than a month ago that the company didn’t expect any problems with its Chapter 11 bankruptcy, there is now a disturbing glitch in their plan.