Toy Tycoon May Submit Last-Minute $900M Bid For Toys ‘R’ Us

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Toy tycoon Isaac Larian is angling to buy Toys ‘R’ Us’s operations in the US and Canada for almost $900 million, The Post has learned.

The billionaire behind MGA Entertainment — the Van Nuys, Calif.-based manufacturer of Little Tikes and Lol Surprise, in addition to Bratz dolls — told The Post he will submit a last-minute bid on Friday to buy 274 top performing Toys ‘R’ Us and Babies ‘R’ Us stores in the US for $675 million.

That’s on top of a $215 million bid for the entire Canadian chain of 82 stores, as well as the company’s trademarks, Larian said.

He is giving the company six days to respond.

 

Read more at NY POST.

{Matzav.com}

3 COMMENTS

    • There is a slight chance knowing that, he knows a bit more than you about the toy business, dont you think?

      25% of his toys sales are done through toys r us. That’s obviously a consideration…

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