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Toys 'R' Us IPO delayed again

The company could go public in July

15/04/2011

According to Reuters, Toys 'R' Us IPO may happen finally in July. This operation was twice delayed in 2010, and also expected for April and May this year. Reasons for this delay are not clear, but the source consulted by Reuters suggested that holiday season results could have been worse than expected. Going public is expected to generate $800 million for the company. The stock should be traded in New York Stock Exchange.

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Toys 'R' Us, IPO, bolsa, juguetes

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