AIB voices Staples merger concerns

AIB voices Staples merger concerns

Members of the collective Advocates for Independent Business (AIB) have raised concerns about the merger between office supplier Staples and wholesaler Essendant, in comments submitted to the Federal Trade Commission (FTC). The AIB’s dissenting letter to the FTC...
FTC faces condemnation for Staples-Essendant merger

FTC faces condemnation for Staples-Essendant merger

The Federal Trade Commission (FTC) has been accused of “revolving door practices” by an anti-corruption group regarding its approval of Staples’ well-publicised merger with Essendant. As The Intercept reveals, one of the key figures in the merger, which threatens “to...
Staples completes tender offer for Essendant shares

Staples completes tender offer for Essendant shares

Following the news that Staples’ acquisition of Essendant has been approved with conditions, Staples has now announced the successful completion of the tender offer for all outstanding Essendant shares. Staples, Inc. and Essendant Inc. have announced the successful...
Staples’ acquisition finally approved

Staples’ acquisition finally approved

The long-anticipated acquisition of Essendant by Staples has finally been approved by the U.S. Federal Trade Commission. Earlier this month, it had been announced that the deal had been postponed due to the shutdown of the US federal government, while Staples and...