Toys 'R' Us rejects bid from Bratz CEO

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reposted with permission from CNN

You won't be hearing the Toys 'R' Us jingle anymore
You won’t be hearing the Toys ‘R’ Us jingle anymore

Toys “R” Us has rejected a bid from the billionaire toymaker behind Bratz dolls and Little Tikes.

Isaac Larian placed a $675 million bid for 200 of the remaining 735 Toys “R” Us locations in the United States, and almost all of more than 80 locations in Canada. Toys “R” Us is still considering other offers, but it’s not clear whether those would keep US stores open.