Margery Weinstein

FAO Schwarz Finds a Buyer

| Margery Weinstein

Bankrupt toys marketer FAO on Dec. 26 signed an agreement to sell most of its remaining assets to VGACS Acquisition, a subsidiary of DE Shaw Laminar Portfolios,

FAO Countdown Continues

| Margery Weinstein

Bankrupt FAO received an extension of its store liquidation removal option through Wednesday, Dec. 17. Originally the toys cataloger/retailer had until