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WHP Explains Why it Took a Majority Stake in Toys”R”Us

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The parent of Anne Klein and Joseph Abboud has acquired a controlling stake in Toys”R”Us from Tru Kids Inc. for an undisclosed amount. Brand management firm WHP Global said its deal also includes Babies”R”Us, Geoffrey the Giraffe and over 20 established consumer toy and baby brands. WHP will manage the toy and baby brands under…

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