The creditors that opted to liquidate Toys "R" Us, despite having takeover offers on the table, now say that they might try to revive the brand — including the possible opening of new retail locations. This comes after calling off an auction for the retailer's brand name and other IP assets.
The big picture: If you're a fired Toys "R" Us worker right now, this development must make you want to scream. Almost everyone, including company management and Toys' previous private equity sponsors, told the creditors that liquidation was the wrong move, both financially and morally. No clue why it took them so long to reach the same conclusion.