March 16, 2018
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Isaac Larian, chief executive of Van Nuys toy maker MGA Entertainment Inc., has made an $890 million offer to buy the Toy R Us retail chain out of bankruptcy.
Isaac Larian, chief executive of Van Nuys toy manufacturer MGA Entertainment Inc., has along with unnamed investors pledged $200 million to an online public crowdfunding campaign he created to save Toy R Us out of bankruptcy.
MGA Entertainment Inc. and a group of affiliated investors have made a bid to acquire the operations of bankrupt Toys R Us in Canada.