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When not contending with the holidays, Toys R Us normally has 45,000 U.S. workers. Toys R Us purchased the assets of high-end retailer FAO Schwarz after it filed for bankruptcy protection in 2009. The company announced in late May that it plans to go public again by raising as much as $800 million in an initial public offering that would be one of the biggest retail IPOs in years.
[Associated
Press]
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