by Owen Collins | Sep 17, 2018 | City News
Despite the prospect of a last minute hitch, Staples’ takeover of the Illinois-based office supplier has been officially confirmed. Under the terms of the deal, Staples will acquire all of the outstanding shares of Essendant, in a transaction worth around $996 million...
by Owen Collins | Sep 14, 2018 | World Focus
One of Essendant’s largest shareholders, Pzena Investment Management, has condemned the proposed takeover by the office supply giant. The Illinois-based company’s Board gave its blessing to the Staples bid earlier this week, classifiying it as a “superior proposal” to...