Toys ‘R’ Us shareholders are scheduled to meet June 23 in N.Y.C. to ...
Toys ‘R’ Us shareholders are scheduled to meet June 23 in N.Y.C. to vote on its proposed $6.6 billion sale to a private consortium. Toys R Us plans early next week to file a definitive proxy for the vote.…
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The company said it expects no major changes from its preliminary proxy, filed May 2, that envisioned a purchase price of $26.75 a share, the same as was announced in March. In the deal, expected to be completed in July, Toys ‘R” Us will be sold to Bain Capital Partners, Kohlberg Kravis Roberts & Co., and Vornado Realty Trust. The chain operates 1,288 Toys ‘R’ Us and 219 Babies ‘R’ Us stores.