Toys R Us could file for bankruptcy this week
Business Insider -

Toy retailer Toys R Us may be on the brink of filing for bankruptcy.

It's just one of several options the chain is reportedly considering to pay down $5 billion in debt it owes as a result of a leveraged buyout in 2005, according to the Wall Street Journal.

The chain's trio of owners — private equity firms Kohlberg Kravis Roberts and Bain Capital Partners and real estate investors Vornado Realty Trust — bought the company in a deal worth $6.6 billion, taking it private.

A Chapter 11 bankruptcy...


Related Articles