Children and parents who grew up with Toys R Us, rejoice! The company might not be going away!

By now, you've heard that Toys R Us, due to declining sales, had to file for bankruptcy. After many fond memories from many around the world, stores finally closed down. Everything was left to history. Well at least we thought it was.

Bloomberg reports that originally, Toys R Us's assets were to be auctioned off. But the lenders holding the assets decided to not put them up for auction, and instead find a new way to bring the famous toy retailer back into the mainstream. This will be difficult however, as all stores and centers for distribution have closed down. But many remain hopeful to bring back the classic store in some way.

Hopefully, younger generations can still grow up as a Toys R Us kid!