Office Depot (ODP) Ratings Placed on CreditWatch Positive by S&P (SPLS)

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Staples (SPLS) to Acquire Office Depot (ODP) in $6.3B Deal

February 4, 2015 7:01 AM EST

Staples (Nasdaq: SPLS) and Office Depot, Inc. (Nasdaq: ODP) announced that the companies have entered into a definitive agreement under which Staples will acquire all of the outstanding shares of Office Depot. Under the terms of the agreement, Office Depot shareholders will receive, for each Office Depot share, $7.25 in cash and 0.2188 of a share in Staples stock at closing. Based on Staples closing share price on February 2, 2015, the last trading day prior to initial media speculation around a possible transaction, the transaction values Office Depot at... More

Staples (SPLS) on Watch Amid Office Depot Trading Halt

February 4, 2015 6:56 AM EST

Staples (NASDAQ: SPLS) on watch with Office Depot (NASDAQ: ODP) halted with news pending.

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Office Depot (ODP) halted with news pending

February 4, 2015 6:55 AM EST

Office Depot (NASDAQ: ODP) halted with news pending.

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