Toys-R-Us Filing For Bankruptcy

Toy seller Toys-R-Us may be dangerously close to filing for bankruptcy. 

The company is struggling under a mountain of debt and the company's three owners are looking at a debt restructuring, according to a report by the Associated Press.  

Analysts say a Toys-R-Us bankruptcy filing now would give toy makers Mattel and Hasbro a clear view into the company's viability through the holidays.  

The company has hired restructuring lawyers to address $400 million in debt due in 2018. 

Reorg Research reports Toys-R-Us could file for bankruptcy as soon as this week.

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