Office Depot Rejects Takeover Bid While MGM Won’t Up Entain Offer
The office-supply chain suggested it was open to a joint venture with its rival Staples.
Staples Offers to Buy Office Depot
Previous merger offers were blocked by regulators in 2016 and 1997.
Staples Prevails in Bidding War for Essendant
The office supply company outbids Genuine Parts with a $487 million offer as it seeks to push further into business-to-business services.
Robotics Is Going Mainstream in Finance
More than 4 in 10 companies have an enterprise-wide automation strategy in place, with finance leading the way, a survey shows.
Staples to Go Private for Nearly $7B
The office supply chain company is seeking to pivot after its failed bid for Office Depot.
Staples Sells U.K. Stores to Turnaround Specialist
The sale to Hilco Capital is part of Staples' strategy of focusing on North American operations amid dwindling demand for traditional office products.
Office Depot Breakup Bites Into Staples Earnings
Staples lost $766 million during a quarter when it booked nearly $1 billion in charges including the merger breakup fee.
Office Depot Posts 3rd Straight Earnings Miss
The company announced further cost-cutting measures, including the closure of an additional 300 stores in North America.
Staples, Office Depot Stocks Dive on Merger Demise
The two office supply giants scuttled their proposed $6.3 billion merger after a judge said regulators had shown it would be anticompetitive.
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Fitch Downgrades Staples to Junk on Weak Sales
As a standalone company, Staples has "limited ability to reverse declines in sales and EBITDA over the forecast horizon," Fitch warns.