• Toys ‘R' Us Mascot, Orphaned by Bankruptcy, Finds Home

    4 monthes ago - By Fortune

    Geoffrey the Giraffe has gone from the morgue to the hospital.
    Toys "R" Us, the toy retailer that's liquidating in bankruptcy, found a New Jersey children's hospital that was willing to take the 16-foot tall statue of the African mammal that stood in the lobby of its headquarters.
    The chain has held going-out-of business sales at its stores and plans to auction off its name but struggled to find a buyer for the 550-pound fiberglass statue, mainly because of the expense associated with removing and transporting it. Joseph Malfitano, whose Malfitano Partners advised on the liquidation of the...
    Read more ...