Staples Inc, the No. 1 U.S. office supplies retailer, agreed to buy No. 2 Office Depot Inc in a $6.3 billion deal designed to help it better compete against Wal-Mart Stores Inc and online rivals such ...
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 ...
NEW YORK — Office Depot shareholders voted overwhelmingly in favor of the company’s $6.3 billion acquisition by one-time rival Staples. The deal, announced in February, is part of a rapid ...
Under the terms of the merger agreement, Staples will pay Office Depot a $250 million break-up fee. Staples also plans to terminate its agreement to sell more than $550 million in large corporate ...
WASHINGTON -- 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 ...
NEW YORK — The Federal Trade Commission said Monday that it is seeking to block the proposed combination of Staples and Office Depot because the deal would reduce competition in the office supplies ...
Shares of Office Depot soared late last year. In December, activist investor fund Starboard Value LP reported that it had increased its investment in Office Depot and had also bought a 5.1% stake in ...
WASHINGTON (AP) — Shares of Staples and Office Depot soared Thursday after a federal judge accused the government of trying to bend a witness’s testimony in its case against a merger of the last two ...
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 ...
NEW YORK — Evolving shopping habits have forced yet another retailer to think outside of the box. Staples, the nation's largest "big box" office supply chain, announced Wednesday that it's spending ...
Staples and Office Depot, the top two office supply retailers, agree that employing a mobile staff of trouble-shooting computer experts is a good way to enhance sales, margins and customers service, ...