At the same time, Toys R Us was also now responsible for paying its PE overlords regular management fees. Over 13 years, Toys R Us ended up shelling out $464 million, nearly half a billion dollars to the private equity companies. And for what? For their being the owners. And did that half a billion dollars go toward workers wages or modernizing Toys R Us to sell toys online? Nope. (02:07–02:18)
CLAIM
Asserts that Toys R Us paid a significant amount to private equity over 13 years.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
