Rebox Not Yet Public2 Jul, 2008 By: Chris Tribbey
Second quarter 2008 has come and gone, and DVD kiosk operator Redbox has yet to go ahead with its plans to go public.
The company said in May that it planned to file a prospectus for an initial public offering by the end of the second quarter. A company spokeswoman said Redbox would not discuss its plans.
The company, owned by McDonald's and Coinstar, operates nearly 8,000 of its automated DVD rental kiosks nationwide.