Standard general said to explore rescue financing for radioshack.

RadioShack Corp. is talking with shareholder Standard General LP about getting a rescue financing package that could help the retailer stave off a bankruptcy filing, two people with knowledge of the matter said. RadioShack creditors had blocked a plan to shut 1,100 stores earlier this year, forcing the retailer to limit the closings to as many as 200 instead. Magnacca has been remodeling RadioShack stores and revamping its product lineup in a bid to shed its reputation as a throwback to 1980s shopping malls. [Extracted from the article]