Facing Imminent Bankruptcy, Toys “R” Us Enters Death Spiral

Last week’s news that Toys “R” Us has hired bankruptcy lawyers Kirkland & Ellis to help restructure its heavy debt load, came as a shock to the company’s creditors, who promptly sent its bond crashing from nearly par at the start of the month to 43 cents on the dollar as of Friday…

Source: http://ift.tt/2h9iw7T

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Author: Brian Hyland

I am a part of the movement to Truth!

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