Could Toys ‘R’ Us Be Saved In France, Spain and Portugal?

According to posts across Twitter and LinkedIn, Issac Larian (MGA CEO) has been privy to information regarding a possible management takeover of Toys ‘R’ Us across France, Spain and Portugal.

The industry’s favourite social media personality and CEO of MGA Entertainment, Isaac Larian has taken to the platform again to tease of yet another rescue bid for the Toys R Us brand.

According to posts across Twitter and LinkedIn, Larian has been privy to information regarding a possible management takeover of Toys R Us across France, Spain and Portugal.

Larian’s post read:

#Savetoysrus: I just heard good news from Jean Charretteur (the GM of TRU Iberia) that he’s close to do a management take over and save TRU in France, Spain and Portugal. This is GREAT news and I hope the hedge funds are reasonable with him so the same thing that happened to TRU in the USA doesn’t happen in Iberia.

Earlier this year, Larian was the instigator of a Save Toys R Us movement, a crowdfunding campaign with the aim of saving the toy retailer from administration.

The campaign was abandoned after multiple bids were rejected.

More as we hear it….

SOURCEToy News
James is an active member of the Star Wars collecting community, and is the Brand Director for Jedi News. James is also the host of the Star Wars Collectors Cast, and co-host of RADIO 1138 on the Jedi News Network.