MGA CEO puts forward $100M for Toys R Us bid

LOS ANGELES — MGA Entertainment Inc. chief executive officer Isaac Larian said he has personally put forward roughly $100 million to help buy the toy store company’s assets and expects 200 to 400 U.S. stores can be saved. “There is a lot of value in the Toys ‘R’ Us name, a lot of value in all the assets that they have,” Larian said in an interview on Bloomberg Television. “If Toys ‘R’ Us is not here, I think the toy business as a whole will have a devastating year — this year and the following year.” MGA holdings include Bratz dolls and Little Tikes.