YOUR BUSINESS AUTHORITY
Springfield, MO
Toys R Us' lawyers and advisers rejected a purchase bid from billionaire Bratz maker Isaac Larian, a source familiar with the matter told The Wall Street Journal.
Larian, who founded Bratz doll maker MGA Entertainment Inc., had offered nearly $1 billion for the company's stores in the United States and Canada.
Larian's bid did not meet the requirements outlined in Toys R Us' bankruptcy proceedings, according to the report.
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