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From Reuters

An initial public offering for Culver City-based online retailer Bidz.com Inc. was delayed Wednesday, according to an underwriter. No reason was given for the delay, but the change in Bidz.com’s plans comes during a period of several IPO withdrawals amid market turbulence.

The online jewelry auction retailer was poised to offer about 6.2 million shares for a forecast range of $8 to $10 a share.

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