Toys “R” Us mascot Geoffrey the Giraffe has a new home.
The toy store chain is undergoing the process of liquidating all of its stores after filing for bankruptcy earlier this year. The retailer sold off its 16-ft., 550-pound fiberglass statue of the giraffe mascot to a children’s hospital. Myers Squibb Children’s Hospital in New Brunswick, New Jersey acquired the statue through the retailer’s liquidation advisor Malfitano Partners, according to Bloomberg.
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Malfitano Partners anted to find children’s hospital to take it, but it was becoming difficult due to the expense it would take to remove and transport the massive giraffe statue.
Joseph Malfitano agreed tod onate $10,000 to remove, pack and ship the giraffe to New Brunswick. He is also paying Toys “R” Us an undisclosed sum, according to Bloomberg.
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