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Author Topic: Weird News  (Read 647634 times)

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Offline MartyS (Gromit)

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Re: Weird News
« Reply #5190 on: October 02, 2018, 05:41:58 PM »
Well...umm...Toys R Us is back I guess.  No auction.

 Sounds fishy to me, the same hedge fund operators that wanted the stores closed and liquidated now want them back?


Offline The Lurker

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Re: Weird News
« Reply #5191 on: October 02, 2018, 06:25:19 PM »
Well...umm...Toys R Us is back I guess.  No auction.

 Sounds fishy to me, the same hedge fund operators that wanted the stores closed and liquidated now want them back?
Here’s the article (though you may be able to find a better source): https://www.polygon.com/2018/10/2/17930084/toys-r-us-bankruptcy?utm_campaign=polygon&utm_content=chorus&utm_medium=social&utm_source=twitter
« Last Edit: October 02, 2018, 06:28:12 PM by The Lurker »


Offline MartyS (Gromit)

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Re: Weird News
« Reply #5192 on: October 02, 2018, 06:42:30 PM »
I had read some other articles, lots of talk about how valuable the brand name is, makes me think they are just stalling so they can get more cash for the names and trademarks.

They have no physical stuff to reopen, stock was liquidated, and I'm pretty sure all the stores were sold in August.  Hard to believe they are going to buy/build new stores and fill them with new inventory.