Toys R Us accepts $237-million bid from Toronto firm to buy its
Toys R Us accepts $237-million bid from Toronto firm to buy its
A Toronto investment firm run by billionaire Prem Watsa has reached a $237-million deal to acquire the 82 Toys R Us stores that the bankrupt retailer operates in Canada — topping an offer by California toy mogul Isaac Larian..
Fairfax Financial Holdings Ltd., the investment firm run by billionaire Prem Watsa, signed an agreement to buy the Canadian unit of Toys R Us Inc. for about $237 million.
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