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In other news, Yahoo announced that it is purchasing RadioShack with the intent of resurrecting the Tandy brand to launch a new line of affordable personal comp
by 7Figures2Commas 13y ago
In other news, Yahoo announced that it is purchasing RadioShack with the intent of resurrecting the Tandy brand to launch a new line of affordable personal computing devices.
"Tandy was an iconic brand that was ahead of its time," Yahoo CEO Marissa Mayer stated. "Tandy's acquisition of GRiD Systems, the maker of the first consumer tablet, the GRiDPad, might have been several decades too early, but we're a forward-thinking company and look forward to building on Tandy's legacy of innovation."
The deal must be approved by RadioShack shareholders. Under the proposed terms, shareholders of RadioShack stock would receive a vintage Broadcast.com stock certificate with photo of Mark Cuban, 2 Geocities t-shirts, and 50 premium Tumblr themes.