They were not priced competitively, and the offering failed.

For the second time in as many weeks, an offering of the Kroger Company failed to attract enough buyers to accommodate all the sellers.

After the public offering failed, the company privately placed 20 percent of its shares with Jostens Inc. of Minneapolis, which makes trophies and class rings.

An initial public offering on October 2000 failed to go ahead, due to internal business difficulties, most notably the failure to offload stock in Aerolíneas Argentinas.

Back then, however, the market was depressed, and Surrealism was not fashionable, so many offerings failed to sell.

Barbara Laurence, president of Global Broadcasting Systems, said yesterday that the company was forced to file for bankruptcy protection after a public offering last month failed.

Earlier offerings of a 900MHz cordless phone and USB speakers failed to find many buyers.

When the offering failed to come off, Mr. Lipper took over the magazine.

It was not priced competitively, and the offering failed.

The offering failed dismally, with Mr. Bush securing only $1.14 million of the $6 million he had sought to raise.