Skip to main content
Industry News
Staples tries again to acquire Office Depot

Staples has proposed a new deal to acquire rival Office Depot for $2.1 billion or $40 per share, with a plan to appease the antitrust regulators that prevented two previous mergers by the two companies. Since the Federal Trade Commission blocked the last merger five years ago, office supply retail has changed as Amazon has increased its market share in the category and work-from-home trends have driven consumer demand.

Full Story: