Toys 'R' Us Gains on Buyout News

Qwest raises its bid for MCI; Viacom announces possible split-up plan; plus more of Thursday's stocks in the news

Toys "R" Us (TOY ) gains after it agrees to be acquired by Kohlberg Kravis Roberts, Bain Capital, and Vornado Realty Trust for $26.75 per share in cash, representing transaction value of $6.6 billion plus debt assumption.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.