Tag: office depot

“#Office Depot rejects Staples offer, sends counterproposal” Office Depot rejected a takeover offer from its archrival Staples on Tuesday, instead offering a counterproposal that it said would invite less scrutiny from antitrust regulators. The office supply chain said it would be open to combining its retail and e-commerce business with Staples, which would leave essentially…

“#Staples discloses third attempt to buy rival Office Depot” Staples just made its latest takeover bid for Office Depot — and it’s hoping the third time’s a charm. The owner of the office-supplies giant said Monday it has offered $2.1 billion, $40 a share, for its longtime rival and could go hostile in March by…