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RadioShack Negotiates with Former Canadian Subsidiary over Contract Dispute.
Knight Ridder/Tribune Business News, May, 2004
By Maria Halkias, The Dallas Morning News Knight Ridder/Tribune Business News
May 21--FORT WORTH, Texas -- RadioShack Inc. officials said Thursday that the company is in mediation with Canada-based InterTan, its former international subsidiary, to settle a contract dispute that led the pair to court last month.
Len Roberts, chief executive of the No. 3 U.S. consumer electronics chain, said RadioShack is trying to protect its brand in Canada and may eventually open its own stores there.
The dispute arose after InterTan, operator of 980 RadioShack-licensed stores, said it agreed to be acquired by rival Circuit City Stores Inc.
Fort Worth-based RadioShack sued to end the long-term agreements that allowed InterTan to use the...
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