Toy company executive Isaac Larian and other investors have pledged a total of $200 million and hope to raise four times that amount in crowdfunding in a bid to save potentially more than half of the 735 Toys R Us stores that will go dark in bankruptcy proceedings.
unsolicited bid faces a number of hurdles like finding other
deep-pocketed investors, as well as getting a bankruptcy judge to
approve such an unusual plan. It is the first known plan to keep the
Toys R Us brand alive.. . . more