Earlier this year, RadioShack declared bankruptcy after years of declining sales and failed attempts to rebound.
Besides selling physical locations, trademarks and other inventory, the company is also selling off 65 million names and physical addresses in addition to 13 million email addresses - personal data that could be greatly valuable to a top bidder.
Reportedly, RadioShack's largest creditor, Standard General, has won the bid for the assets including the personal data but a judge still has to approve the purchase and there is a chance that the data could be a problem in trying to close the auction.
Among those challenging the purchase are the Texas and Tennessee attorney generals and major carrier AT&T, who previously partnered with RadioShack to market phones and does not want data of its customers getting into the hands of a rival carrier.
Source:
Bloomberg
Reportedly, RadioShack's largest creditor, Standard General, has won the bid for the assets including the personal data but a judge still has to approve the purchase and there is a chance that the data could be a problem in trying to close the auction.
Among those challenging the purchase are the Texas and Tennessee attorney generals and major carrier AT&T, who previously partnered with RadioShack to market phones and does not want data of its customers getting into the hands of a rival carrier.
Source:
Bloomberg
