{"id":7896,"date":"2018-04-30T13:16:38","date_gmt":"2018-04-30T17:16:38","guid":{"rendered":"http:\/\/lifeinsurance-orleans.ca\/Life-Insurance-Blog\/?guid=19f8c3db8ead723c5f0c87d1865f7aea"},"modified":"2018-04-30T13:16:38","modified_gmt":"2018-04-30T17:16:38","slug":"toys-r-us-canada-can-grow-with-resources-from-buyer-fairfax-president-says","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2018\/04\/30\/toys-r-us-canada-can-grow-with-resources-from-buyer-fairfax-president-says\/","title":{"rendered":"Toys \u2018R\u2019 Us Canada can grow with resources from buyer Fairfax, president says"},"content":{"rendered":"<p>CONCORD, Ont. &#8212; Toys &#8220;R&#8221; Us Canada Ltd. president says the toy retailer will be able to grow following its purchase by Fairfax Financial Holdings Ltd.<\/p>\n<p>Melanie Teed-Murch says in a statement that under the new ownership, the beleaguered retailer will have resources to reinvigorate stores and grow its market position.<\/p>\n<p>She says she&#8217;s pleased Canadian and U.S. courts have approved the sale to Fairfax and the deal, which is still subject to some court and regulatory approvals, is expected to close this quarter.<\/p>\n<p>Teed-Murch says the company looks forward to serving customers in innovative ways in this new chapter and that Toys &#8220;R&#8221; Us Canada is here to stay.<\/p>\n<p>Toronto-based Fairfax made a $300-million stalking horse offer for the subsidiary earlier this month.<\/p>\n<p>Toys &#8220;R&#8221; Us Canada previously filed for creditor protection and its U.S. division sought bankruptcy protection.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CONCORD, Ont. &mdash; Toys &ldquo;R&rdquo; Us Canada Ltd. president says the toy retailer will be able to grow following its purchase by Fairfax Financial Holdings Ltd. Melanie Teed-Murch says in a statement that under the new ownership, the beleaguered retailer will have resources to reinvigorate stores and grow its market position. She says she&rsquo;s pleased [&hellip;]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7896"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=7896"}],"version-history":[{"count":1,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7896\/revisions"}],"predecessor-version":[{"id":7897,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7896\/revisions\/7897"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=7896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=7896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=7896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}