Toys 'R' Us Sold [Corrected 03/21/05] ; $6.6b Deal Expected to Revive Chain
The Record, Bergen County, NJ › March 21, 2005
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Summary
Toys "R" Us is likely to stay in the toy game as a result of the takeover deal announced Thursday, but the rules of the game will be very different.
The giant retailer, which changed the way Americans shop for toys, is expected to become a smaller, leaner, private company as a result of the $6.6 billion deal to be bought by a trio of companies.See the full content of this document
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Toys 'R' Us Sold [Corrected 03/21/05] ; $6.6b Deal Expected to Revive Chain
The deal is considered a good one for shoppers, kids and the toy industry in general. Experts say the partnership that submitted the winning proposal is likely to keep most Toys "R" Us stores alive, whereas competitors might have liquidated them to cash in on the real estate.
The toy stores would remain partnered with the growing Babies "R" Us division, but the new owners will confront the same problems that vexed the to...See the full content of this document
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