Toys "R" Us Canada gets court nod for assets sale

(Reuters) - Toys “R U

s

(Canada) Ltd on Friday received U.S. and Canadian court approval to

sell

itself to Prem Wa

tsa’

s Fairfax Financi

al Holdings Limi

ted (FFH.TO), the bankrupt toy retailer said in a st

atement

. The sale, which also includes

Babies &l

dquo;R U

s stores in Cana

da, is expected to

close this quarter, the company said.

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