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Old 03-12-2018, 11:42 AM   #13
MapleMegatron
Canadian Slag
Join Date: Aug 2016
Location: Canada
Posts: 3,463
Re: TRU Canada: Spun-off, sold, or transferred?

Quote:
Originally Posted by Msol View Post
My local TRU just had a massive expansion and is always crazy-busy. I don't see how it can shut down.
I can easily see how it can shut down since its not independent of the US. If US lenders want thir money, the TRU operations in the US could force its subsdiary to give them all they have to repay the debt, inlcuding selling off the leases/buildings and all inventory.

They might be busy, but if the US is desperate, they could find a way to sqweeze everything they can from TRU Canada (they've already been taking Canada's surplus cash).
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