Toys R Us Looking to Raise $800 Million Through IPO

Toys R Us Inc announced this past Friday that it will plan to go public again and will look to raise $800 Million, reports The Associated Press. The ticker symbol for the new stock will be sold under TOYS. The IPO market has been soft this year, so experts say the success of the sale depends on the price. Toys R Us has been experiencing improving sales even in the time of a recession. It is unknown at this time how many shares will be offered, but it may be around 10-20% of the company. Toys R Us was taken public by a group of investment firms back in 2005.

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