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‘Oh, Kay!’ Is Not OK: Producer David Merrick has kayoed his Broadway revival “Oh, Kay!” until spring, when he says he’ll bring the 1927 musical back for another round. ‘Oh, Kay!” will close Sunday at the Richard Rodgers Theater after a two-month run. Business for the musical has been lackluster. Variety reported that the week before Christmas--traditionally a slow week for ticket sales--”Oh, Kay!” played to less than 50% capacity.