RadioShack (NYSE: RSH) Rallies on Takeover Rumors

Shares of RadioShack (NYSE:RSH) are up 5.7% while calls are selling at 10 times average volume due to takeover speculation.

Private-equity firm Apollo Management and another PE firm had shown interest in acquiring the company.

Wendy Dominguez, a spokeswoman for Fort Worth, Texas-based Radio Shack, said the company doesn't comment on speculation.