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flag Toys "R" Us Canada approved to sell assets or seek investors.

flag Toys "R" Us Canada has received court approval to sell the company or seek new investors as it faces financial distress. flag The retailer, owned by Putman Investments, plans to solicit bids and finalize a sale by June or July, with a potential auction if multiple offers emerge. flag The process, initially challenged by Allied World Specialty Insurance Company over potential conflicts of interest, was revised after negotiations.

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