Toys.com – bought by Toy R Us for $ 5,100,000

Bidding has finished.

toyrsrus bids $ 5,100,000
National A-1 bids $ 5,000,000

National a-1 asks for 10 minute break

toyrsrus bids $ 4,915,000

National A-1 bids $ 4820,000
toyrsrus bids $ 4,815,000

bidding is going quick so i’m going to skip a few a

National A-1 bids $ 4,530,000
toyrsrus bids $ 4,525,000
National A-1 bids $ 4,505,000
toyrsrus bids $ 4,500,000. they raised their own bid

break given until 4.55 pm est

National A-1 asks for 15 minute break. Lots of bickering between toysrus and national a-1 going on over time alloted for break.

toyrsrus bids $ 4,300,000

national A-1 bids $ 4,155,000
toyrsrus bids $ 4,150,000

5 minute break announced

national A-1 bids $3,755,000
toyrsrus bids $3,750,000

national A-1 bids $3,555,000
toyrsrus bids $3,550,000

national A-1 bids $3,305,000
toyrsrus bids $3,300,000

i’m live on the call. 6 bidders total. 5 remain. National A-1 seems determined as they immediately bid when needed. Toys R Us as well as the rest holding cards very tight

toys r us asks for 2 minute break

national A-1 bids $3,255,000
toyrsrus bids $3,250,000
national A-1 bids $3,205,000
toyrsrus bids $3,200,000
national A-1 bids $3,150,000
toyrsrus bids $3,145,000
national A-1 bids $3,140,000
toyrsrus bids $3,135,000
national A-1 bids $3,130,000

its been announced, bid increments have to be at least 5k.

a break as taken place to discuss bidding increments among the bankruptcy lawyers. we are not able to hear this. FYI – bidding is a very slow process. break should be over at 3:55 pm est

toyrsrus bids $3,125,000

national A-1 bids $3,100,000

toyrsrus bids $3,050,000

Frank Schilling just formally dropped out.

toys.com current bid is $2,900,000 to national A-1. i will update as bidding occurs.