WASHINGTON (AP) - Staples and Office Depot said Tuesday they are scrapping their planned $6.3 billion merger after a federal judge blocked the deal, saying the government had made the case that the ...
FRAMINGHAM, Mass. & BOCA RATON, Fla.--(BUSINESS WIRE)--Staples and Office Depot today announced an agreement to sell more than $550 million in large corporate contract business and related assets to ...
Over the past two months, activist investor fund Starboard Value LP has acquired a 5.1% stake in office-supply chain Staples, according to SEC forms it filed on Thursday. This move, first reported on ...
(Bloomberg) — Staples offered to buy the parent of Office Depot in a deal valuing the company at $2.1 billion, the latest attempt to consolidate the office-products space to better compete against ...
On Monday, the Federal Trade Commission sued to block Staples' proposed acquisition of top rival Office Depot. Predictably, shares of both office supply retailers sank following the news. In fact, ...
FRAMINGHAM (CBS/CNN) -- Staples is once again proposing to buy rival Office Depot in a $2.1 billion deal, five years after the US government squashed their prior merger agreement. The $40-per-share ...
The sale would leave Office Depot a business-to-business product and services company, including its CompuCom business, its Grand & Toy Canadian-focused workplace products and solution provider, its ...
Staples also plans to pursue market share gains in core categories like office supplies, ink, toner and paper. To support its growth plans, the company will invest in lower prices and improved supply ...