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Staples to acquire Office Depot for $6 billion

from FierceRetail

From Feb. 6: Staples announced that it has reached an agreement to fully acquire its competitor Office Depot for $6.3 billion. Staples began discussions to acquire Office Depot back in September of 2014. While both companies' boards were in agreement, there were still legal hurdles to jump through. The two companies previously tried to merge back in the 1990s, but the deal was squashed by antitrust regulatory opposition from the Federal Trade Commission. more


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