RadioShack wins approval to sell customer data

RadioShack officially won court approval this week to sell off more than 67 million customer data files. In the $26.2 million deal with hedge fund Standard General, the buyer also received the RadioShack brand name and assets. A U.S. bankruptcy court judge approved the sale after 40 states reached an agreement with the retailer and buyer over customer information. At least 50 million customer files will be destroyed and no access will be given to credit card data, social security numbers, phone numbers and dates of birth. Story

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