Staples in $6.9 Billion Sale to Private Equity Firm Sycamore

Published on New York Times | June 28, 2017 Reporting by Lauren Hirsch in New York; Editing by Andrew Hay and Bill Trott View Original Article Here     (Reuters) - Sycamore Partners said on Wednesday it would acquire U.S. office supplies chain Staples Inc for $6.9 billion, a rare bet by a private equity firm this … [Read more...]

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

Posted on | 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...]

FTC Rejects Staples-Office Depot Deal Without a Counteroffer

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...]