Toys ‘R’ Us could be revived under new owners


Geoffrey the Giraffe may be ready for a comeback.

Toys "R" Us Inc. lenders indicated they are seeking to reorganize the assets into a new company that would maintain the current license agreements and invest in new retail operating businesses.

The group, which includes Solus Alternative Asset Management and Angelo Gordon & Co., controls rights to the company’s name and that of Babies "R" Us through the intellectual property holding company Geoffrey LLC. The intellectual property served as collateral…

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