Confirming media speculation, office supplies retailers Staples Inc. (SPLS) and Office Depot, Inc. (ODP) Wednesday said they have entered into a definitive agreement for Staples to acquire all outstanding shares of Office Depot in a cash …
Staples Inc. (Nasdaq:SPLS) shares dropped 13.75 percent to $10.66 while Office Depot Inc. (Nasdaq:ODP) stock dropped 15.75 percent to $5.59 on Monday. The proposed merger would leave just one office supply retailer with a brick …
The transaction values Office Depot at $11 per share, which is based on Staples' Monday closing stock price — the last trading day before initial reports of a buyout began to leak. The companies put the deal's equity value at $6.3 billion. On …
Office Depot, Inc. ODP reported better-than-expected earnings for the third consecutive quarter, when the company came out with first-quarter 2017 numbers. This followed strategic measures the office supplies retailer has undertaken to bring …
Savvy customers sip on coffee while surrounded by the latest gadgets. They surf the Internet on laptops or tablets, check out some new headphones or ponder their next electronic purchases in a soothing, relaxed manner. Office Depot's …
Don't expect tax reform or the stock market's gains to reverse the recent …
Office Depot, Inc.’s common stock is listed on the NASDAQ Global Select …
Office Depot's stock rose more than 15 percent in Nasdaq trading on Wednesday in response to its third-quarter announcement of further cost-cutting measures, which include closing 300 additional stores over three years and selling …
Investors gave Office Depot Inc.’s management a good grade on Tuesday in the wake of its November purchase of smaller rival OfficeMax. The stock most recently traded up 16% to $4.84. Still, in contrast, in 2006, it closed at a record of $44. …