Kb Toys Exited Chapter 11 Bankruptcy

In august of two thousand five, kb toys exited chapter 11 bankruptcy with 90 % of the company under p k b t holdings. At this point, there's all sorts of financial wrangling and accusations of mismanagement. In december of two thousand eight, the company filed for chapter 11 bankruptcy. And at this point they had their big going out of business sales. They were still the largest mall based toy retailer in the us. Behind f a o schwartz.