Bidders ready for second week of action in RadioShack bankruptcy

The bidding war for RadioShack will continue this week in a U.S. Bankruptcy Court in Wilmington, Delaware. The Fort Worth, Texas-based retailer is seeking approval for a bid made by the hedge fund Standard General that would keep more than 1,700 stores open and reportedly save roughly 7,600 jobs. Lawyers for RadioShack, Standard General spent last week presenting their bids to the court. But Salus Partners is challenging the value of Standard General's bid and has a new bid of its own in the works. RadioShack…