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Bloomberg News

KBKids.com Inc., the Internet toy venture run by Consolidated Stores Corp. and BrainPlay.com Inc., canceled its planned $210-million initial public offering. KBKids.com, which last month fired as many as 60 employees and executives because of delays with its IPO, cited “general market conditions beyond our control” in Tuesday’s announcement. Denver-based KBKids.com is one of more than 70 companies forced to cancel plans to go public after the Nasdaq composite index’s one-third plunge in April and May.

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