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Pro: End Of Staples-Office Depot A 'Real Big Setback For Both Companies'
Wednesday, May 11, 2016 - 3:46pm | 320Read More...Anthony Chukumba of BB&T Capital Markets was a guest on CNBC's "Power Lunch" segment Wednesday to discuss the pending merger between Staples, Inc. (NASDAQ: SPLS) and Office Depot Inc (NASDAQ: ODP), which has now been officially terminated. According to Chukumba, the...
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Staples-Office Depot Merger Collapses After Block By Judge
Wednesday, May 11, 2016 - 7:47am | 312Read More...Shares of Staples, Inc. (NASDAQ: SPLS) were trading lower by more than 16 percent early Wednesday morning, while shares of Office Depot Inc (NASDAQ: ODP) plunged more than 35 percent after the companies called off their proposed merger. Staples said in its press release the decision to...
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Report: Staples Close To Receiving FTC Approval For Office Depot Acquisition
Tuesday, March 29, 2016 - 8:12am | 178Read More...Shares of Staples, Inc. (NASDAQ: SPLS) were trading higher by 0.18 percent early Tuesday morning after the New York Post reported the company is close to gaining FTC approval for its pending acquisition of Office Depot Inc (NASDAQ: ODP). Related Link: Update: Staples-Office Depot Merger Math Shows...
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Here's What Office Depot Said On Its Pending Acquisition By Staples In Its Q4 Report
Tuesday, February 23, 2016 - 2:55pm | 173Read More...Shares of Office Depot Inc (NASDAQ: ODP) were trading lower by nearly 2 percent Tuesday afternoon after the company reported its fourth-quarter results and provided an update on its pending combination with Staples, Inc. (NASDAQ: SPLS) Office Depot said it earned $0.07 per share in the fourth...
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Staples Sells Its Commercial Contracts And Assets To Essendant
Wednesday, February 17, 2016 - 9:17am | 243Read More...Shares of Staples, Inc. (NASDAQ: SPLS) were trading higher by 5 percent early Wednesday morning. The company took another step in appeasing regulators concerns that its acquisition of Office Depot Inc (NASDAQ: ODP) will hurt the industry's competitive environment. Staples announced that it has...
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European Authorities To Approve Staples-Office Depot Under Several Conditions
Wednesday, February 10, 2016 - 2:25pm | 326Read More...Shares of Staples, Inc. (NASDAQ: SPLS) were trading higher by more than 3 percent on Wednesday after European Union regulators approved its pending merger with Office Depot Inc (NASDAQ: ODP) on several conditions. According to The New York Times, European regulators said that the merger can be...
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Report: FTC Has 'No Interest' In Approving Staples-Office Depot Merger
Tuesday, January 12, 2016 - 10:00am | 228Read More...Staples, Inc. (NASDAQ: SPLS) proposed acquisition of Office Depot Inc (NASDAQ: ODP) risks being denied, according to a report by the New York Post. According to the publication, the Federal Trade Commission has "no interest" in approving the $6.3 billion merger. Staples is currently...
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Cleveland Research: FTC Blocking Staples/Office Depot Merger 'Most Probable Outcome'
Thursday, July 23, 2015 - 1:40pm | 411Read More...In a report published Thursday, Cleveland Research Company analyst Daryl Boehringer detailed why he is taking a "cautious view" on the Office Products sector with a particular focus on Office Depot Inc (NASDAQ: ODP). Boehringer started off by stating that he remains "skeptical...
