Toys “R” Us – Seeks Auction of Shared Services Business, Term B Lenders to Serve as Stalking Horse and Open With $57.5 Million Credit Bid

October 9, 2018 – Toys “R” Us requested Court authority for bidding procedures in respect of the sale of its shared services business (the “Shared Services Business”) [Docket No. 5199]. Central to the bidding procedures motion is the agreement of the Debtors’ Term B Lenders to serve as a stalking horse bidder with a credit…