NEW YORK (TheStreet) -- Shares of Sprint (S) - Get SENTINELONE, INC. Report are falling, lower by 1.28% to $4.24 in afternoon trading Monday, on reports that the RadioShack (RSH) is contemplating selling half of its stores to the telecommunications company, according to Bloomberg.
Struggling electronics retailer RadioShack will then close the rest, but the surviving stores would operate under the Sprint brand, Bloomberg added.
RadioShack would essentially "cease to exist as a stand-alone retailer," Bloomberg notes.
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The possible move comes amid planned bankruptcy auction for RadioShack, according to the Wall Street Journal.
Hedge fund Standard General is in talks to be the lead bidder for the auction, the Journal added.
Shares of RadioShack are down 15.23% to 23 cents today.
Sprint offers a range of wireless and wireline communications services to consumers, businesses, and government users. The company develops, engineers and, deploys technologies, including the first wireless fourth-generation service from a national carrier in the U.S.
S data by YCharts