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Toys R Us rejects billionaire Bratz maker's offer

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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.

Read more from The Wall Street Journal.

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