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Toys "R" Us employees seek severance from private equity

An empty Toys "R" Us store.
Photo by Spencer Platt/Getty Images

Should the former private equity owners of Toys "R" Us pay around $70 million in severance to the company's 33,000 laid-off employees?

Why it matters: This is not an academic question. It's been debated by big public pension funds that invest in private equity, prompted by a lobbying campaign by left-leaning nonprofit advocacy groups.