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Toys 'R' Us cancels IPO

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Toy retailer scraps $800 million stock offering.

FORTUNE -- Toys 'R' Us is still selling plenty of Elmo dolls, but it isn't planning to sell shares anytime soon.

The New Jersey-based retailer today withdrew registration for an $800 million IPO, which it had originally filed back in May 2010. A press release cites "market conditions" -- an odd choice, given that the Dow is at a record high. It also probably didn't MORE


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