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Staples, Office Depot Stocks Plummet After $6.3B Merger’s Demise

Posted on May 12, 2016 //

Posted on USAToday.com | May 11, 2016 Written By Nathan Bomey and Kevin McCoy View Original Article Here   Shares of Staples and Office Depot nosedived Wednesday after their $6.3 billion merger deal collapsed.   Investors flocked away from both retailers after the office supply giants scrapped their deal in the wake … [Read more...]

Filed Under: Blog // Tagged: Office Depot, Office Supply, Staples

FTC Rejects Staples-Office Depot Deal Without a Counteroffer

Posted on December 24, 2015 //

Posted on Bloomberg Business | By David McLaughlin December 21, 2015   View Original Article Here     Staples Inc. will have to do more to smooth government opposition to its proposed takeover of Office Depot Inc. after the U.S. rejected its latest attempt to win antitrust approval.   Staples offered to … [Read more...]

Filed Under: Blog // Tagged: merger, Office Depot, Staples

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