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Redbox delays IPO prospectus

July 1, 2008

Video Business: Redbox, the largest U.S. operator of movie-rental kiosks, delayed filing its prospectus for a planned public offering after the stock markets had their worst second quarter in six years. The company, whose investors also include McDonald's, looked to take advantage of its leadership position in a kiosk industry predicted to surge as movie-rental chain stores cut units.

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