RadioShack Sells Installer Arm

10/22/2003 8:03 AM Eastern

RadioShack Corp. sold its cable- and satellite-TV-installation subsidiary, AmeriLink Corp., to Installs Inc., the buyer said Wednesday without disclosing terms.

Installs, owned by investment firm Genstar Capital Partners III, signed a four-year agreement to continue providing satellite-TV-installation services for RadioShack customers across the country.

Based in New Albany, Ohio, AmeriLink has about 250 employees and 40 field offices.

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