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Toys ‘R’ Us Owners to Create Severance Fund for Former Employees

September 29, 2018 2:14 AM
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Private-equity firms Bain and KKR are putting together a $20 million fund to pay thousands of workers left jobless by retailer’s bankruptcy

The private-equity owners of Toys “R” Us Inc. are putting together a $20 million fund to make payments to thousands of former employees left jobless by the retailer’s liquidation, according to people familiar with the matter.

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