Simpson Thacher Represents RadioShack Corporation in $300 Million Accelerated Share Repurchase
08.25.10
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The Firm represented RadioShack Corporation (the “Company”) in its entry into accelerated share repurchase transactions with each of Bank of America, N.A. and Wells Fargo Bank, N.A. to repurchase in the aggregate approximately $300 million of RadioShack common stock.
RadioShack Corporation is a leading national retailer of innovative mobile technology products and services, as well as products related to personal and home technology and power supply needs.
The Simpson Thacher team for the transactions included Joyce Xu, Alina Casner and Sunny Cheong (Derivatives). Frank Marinelli (Capital Markets) and Mario Ponce (M&A) also provided valuable advice.