Party City Said to Consider Completing Initial Offer This Year

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Party City Holdings Inc., the retailer of balloons, costumes and plastic forks, may proceed with its planned $350 million initial public offering this year, two people familiar with the plans said.

The Elmsford, New York-based company will make the decision based on the strength of its sales around the Halloween holiday on Oct. 31, said the people, who declined to be identified because the plans are private.