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Bankruptcy

Toys R Us Bankruptcy Auction Canceled, Brand Set For Revival

Toys R Us will live to see another day, as its controlling lenders choose to pull out of the bankruptcy auction. The Wall Street Journal reports that Toys R Us’ controlling lenders “intend to the revive business behind the Toys ‘R’ Us and Babies ‘R’ Us brand names.” The goal is to “create new, domestic, retail operating […]