Toys “R” Us Inc.’s U.S. business is in the midst of a wind-down, but its Asian business may have hope for survival. The toy retailer has received multiple bids of more than $1 billion for a majority stake in its Asian business, the company’s bankruptcy attorney said in court on Wednesday. Interested bidders are looking to take an 85% stake...

Source: Wall Street Journal April 11, 2018 21:16 UTC