RadioShack Corp., Fort Worth, TX, will purchase Microsoft Corp.’s 25% stake in RadioShack.com LLC, its online sales operation. The purchase, valued at $88 million, will be for cash and will give RadioShack 100% ownership of RadioShack.com. Microsoft has held a stake in RadioShack.com since November, 1999.
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RadioShack Corp., Fort Worth, TX, will purchase Microsoft Corp.’s 25% stake in RadioShack.com LLC, its online sales operation. The purchase, valued at $88 million, will be for cash and will give RadioShack 100% ownership of RadioShack.com.
Microsoft has held a stake in RadioShack.com since November, 1999.
