A Toy Company CEO Wants to Save 400 Toys R Us Stores in the U.S.

“Toy company executive Isaac Larian says he and other investors have pledged a total of $200 million in financing and hope to raise four times that amount in crowdfunding in order to bid for up to 400 of the Toys R Us stores being liquidated in bankruptcy,” reports Anne D’Innocenzio in a scoop for the Associated Press.

The story says “The unsolicited bid still faces many hurdles, including finding other deep-pocked investors and getting a bankruptcy judge to agree to it. But this is...

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