Bankrupt KB Toys trademark, logos sold at auction

WILMINGTON, Del. Aug 6 (Reuters) - Bankrupt toy retailer KB Toys on Thursday sold its trademark, logos and web addresses at a bankruptcy auction for $2.1 million, according to a bankruptcy advisor who ran the auction.

The bankruptcy court-supervised auction of the retailer's intellectual property winds down much of the remaining assets of the Pittsfield, Massachusetts-based company.

CE Stores, a retail operator, won the auction, beating out bids from the company's lenders and another retailer, Jimmy Jazz, according to Gabe Fried, founder of Streambank LLC which managed the sale of the KB Toys intellectual property.

KB Toys filed for bankruptcy in December, citing a sharp drop in sales, and held going out of business sales at its approximately 460 stores early this year.

The funds from the KB Toys auction will go toward paying off the company's creditors.

The case is In re KB Toys Inc, U.S. Bankruptcy Court, District of Delaware, No. 08-13269.

(Reporting by Tom Hals; Editing by Richard Chang)