‘Canadian Warren Buffet’ makes $237M bid to acquire Toys ‘R’ Us
Billionaires are dueling over Geoffrey the giraffe. Prem Watsa, the “Canadian Warren Buffet,” has filed a stalking-horse bid, to acquire the Canadian Toys ‘R’ Us unit for $237 million. The offer, which will form the opening bid in a possible auction set for next week, is roughly $22 million more than what US billionaire Isaac...