Serious Interest in Toys

Wayne, N.J., Toys “R” Us generated interest from a small group of bidders – down from about a dozen -- who are interested in a buyout of the Wayne, N.J.-based company’s toy business, Reuters reported. Private equity company’s Apollo and Permira are expected to team with the toy chain’s former CEO Michael Goldstein with one bid. Toys “R” Us intends to sell its toy operations and focus on its faster-growing Babies R Us division.