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Toys R Us announces liquidation amidst “Retail Apocalypse”

Retrieved on: 2018-03-18 12:52:30

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Toys R Us announces liquidation amidst “Retail Apocalypse”. View article details on hiswai:

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<div>Founded in 1948, Toys R Us was acquired by Bain Capital Partners LLC, <b>Kohlberg Kravis Roberts</b> (KKR) and Vornado Realty Trust in a $6.6 billion leveraged buyout in 2005. The company had recently filed for bankruptcy, hoping to restructure and pay off its more than $5 billion in long term debt.</div>

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