Dive Brief:

• RadioShack is in talks with hedge fund Standard General LP, the struggling electronics retailer’s largest shareholder, for the hedge fund to provide a stalking-horse bid at a bankruptcy auction, sources say. 

• The talks stalled, preventing a bankruptcy filing that could have come as early as Monday, the sources have said.

• Discussions involve how many stores would close, amid other matters. A couple of RadioShack’s lenders have balked at its store-closing plans in the past year.

Dive Insight:

RadioShack has been thwarted in its turnaround, and at the moment it’s being thwarted somewhat even in its bankruptcy. The retailer is attempting to work out several details of its bankruptcy ahead of any filing and is encountering some obstacles. Most likely it’s just a matter of time at this point, though.