Hasbro falls on news Toys R Us said to prepare shutdown of U.S. operations

Updated: 4:30 p.m. March 9

TOY MANUFACTURERS, including Hasbro, saw share prices drop early Friday on news that Toys R Us may shutter its U.S. operations entirely. / BLOOMBERG NEWS PHOTO/JASON ALDEN
TOY MANUFACTURERS, including Hasbro, saw share prices drop early Friday on news that Toys R Us may shutter its U.S. operations entirely. / BLOOMBERG NEWS PHOTO/JASON ALDEN
NEW YORK – Toys R Us Inc. is making preparations for a liquidation of its bankrupt U.S. operations after so far failing to find a buyer or reach a debt restructuring deal with lenders, according to people familiar with the matter. While the situation is still fluid, a shutdown of the U.S. division has become…

Want More Free?

To access 2 more articles, please log in or register for free.

Registered users get access to a limited number of free articles every month.

Register Now

Already registered? Login to access more free articles.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -