New York
– Electronics retail store chain RadioShack (NYSE:  RSH) is exploring strategic
alternatives, including a possible sale of the company that could bring over $3
billion, or a merger with Best Buy (NYSE:  BBY), The New York Post reported, citing sources.

"Investment bankers have already begun pitching their private-equity
clients about a leveraged buyout of RadioShack, notifying them of the
retailer’s willingness to sell," sources told The Post.

Another option
reportedly being considered is a merger with fellow consumer electronics
retailer Best Buy.

Still another option would see RadioShack put its $900
million cash on hand to repurchase its own shares, or make a strategic


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(N.Y. Post)