A group of lenders that now control defunct retailer Toys 'R' Us filed court documents Oct. 1 that said they are dropping plans to auction off the company and instead have a new plan to revive the national retailer.
The same day the Wall Street Journal first reported the news, the intellectual property holding company subsidiary for the toy store chain, Geoffrey LLC, said that the existing term lenders' offer "was meaningfully higher and better" than the sum of bids received for individual assets…
