Another Staples set to close

Another Staples set to close

The branch of the office retailer in Eugene, Oregon, will shut its doors for the final time on the 9th of November. The West 11th Avenue store was Staples’ only remaining outlet in the Eugene/Springfield area, according to 13 KVAL. In a statement announcing the...
Staples’ Essendant acquisition confirmed

Staples’ Essendant acquisition confirmed

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...
Doubts emerge as Pzena vetoes Staples

Doubts emerge as Pzena vetoes Staples

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...
Another Staples set to close

Essendant favours Staples over S.P. Richards

The company’s Board has determined the office supplier’s offer a “superior proposal” to that of S.P. Richards. The Illinois supplier has announced that its Board of Directors, after consultation, has determined the acquisition proposal from Staples is a “Superior...