NEWARK, New Jersey (AP) - Shareholders of Toys R Us Inc. were told Monday that if they do not approve the buyout of the company by a private consortium, the No. 2 U.S. toy seller must pay up to $30 million (euro23.9 million) to reimburse the group for expenses.
In ballots mailed Monday, stockholders also were told that if the board of Wayne-based Toys R Us gets a better offer than the consortium's bid, the company must pay the group a $247.5 million (euro197 million) termination fee.