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CCS Medical Pulls IPO

CCS Medical Holdings Inc. (a.ka. Chronic Care Solutions), a Clearwater, Fla.-based medical supply management company, has withdrawn its IPO registration, due to “market conditions.” It had planned to sell 10 million common shares at between $14 and $16 per share, which could have garnered a market cap of up to $607 million. Lehman Brothers and Goldman Sachs were serving as co-lead underwriters. Warburg Pincus acquired the company in 2005.