ODP won’t sell consumer business

ODP won’t sell consumer business

Following a review of the public and private non-binding proposals, the Board of Directors unanimously determined it is in the best interests of the company and its shareholders not to divest the consumer business. The ODP Corporation (ODP) announced that its Board of...
The ODP Corporation delays split

The ODP Corporation delays split

Last Friday, the ODP Corporation announced it was delaying the split into two separate public companies due to a second bid for its consumer business. The ODP Corporation announced that its Board of Directors determined to delay the previously announced public company...
ODP announces more details before spin-off

ODP announces more details before spin-off

The ODP Corporation announced its selection of chief executive officers and company names ahead of planned spin-off. The ODP Corporation (ODP) announced in May 2021, that its Board of Directors unanimously approved a plan to separate ODP into two independent,...