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Toys “R” Us

Toys R Us Acquires Toys.com for $5.1 Million!

Toys “R” Us won the auction for Toys.com with a winning bid of $5.1 Million!

This is an excellent acquisition by Toys “R” Us rivalling that of Johnson & Johnsons Baby.com

DomainNameNews writes:

The final blow by Toys”R”us was a $5,100,000 bid that trumped National A1’s $5,000,000 bid.  Up until this point, the 2 bidders were volleying back and forth with $5,000 bid increments and dragging out the process by requesting breaks before putting in their counter bids.  The auction started at 1pm CST and drug on until about 4:25 pm

More information can be found at DomainNameNews…

Posted under auction, market, news, sold

This post was written by admin on March 1, 2009

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