RadioShack suitors reportedly drop out

Dallas TPG Capital plans to drop out of bidding for RadioShack Corp., according to a Tuesday report in the Dallas Morning News.

Blackstone Group LP, which had weighed a joint offer with Fort Worth, Texas-based TPG, is not likely to pursue the electronics retailer on its own, said the report, which cited its source as someone with knowledge of the discussions. 

Bain Capital LLC, which had also expressed an interest in RadioShack, is also no longer pursuing the Fort Worth-based retailer, a third person to the newspaper, speaking on condition of anonymity.