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Staples Seals A Deal, But Risk Weighs On Offer Price
Thursday, June 29, 2017 - 11:31am | 365Staples, Inc. (NASDAQ: SPLS)'s agreement to sell itself to Sycamore Partners for $10.25 per share or $6.9 billion "makes total sense," at least according to UBS analyst Michael Lasser. While the case could be made that Staples sold itself at a poor valuation, this may not be the case...