Toys ‘R’ Us is preparing to liquidate, according to sources who spoke to three Bloomberg reporters. The story posted this evening is “Toys ‘R’ Us Is Prepping to Liquidate Its U.S. Operations”:
Toys “R” Us Inc. is making preparations for a liquidation of its bankrupt U.S. operations after so far failing to find a buyer or reach a debt restructuring deal with lenders, according to people familiar with the matter.
