by stefanie | Jun 22, 2022 | City News
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...
by stefanie | Nov 8, 2021 | City News
USR Parent, Inc. (Staples) reaffirmed its 4 June 2021 proposal to The ODP Corporation (together with its subsidiaries, the “Company”) to acquire the company’s consumer business. The offer is to buy the Company for a cash purchase price of $1.0...
by stefanie | Oct 14, 2021 | Products and Technology
Solutions now available at select Staples stores help hybrid workers, small businesses, side hustlers and digital nomads in their day-to-day work lives. Staples US Retail announced a new assortment of products designed to empower modern-day work to happen anywhere....
by stefanie | Jun 17, 2021 | Around the Industry
John A. Lederer, Executive Chairman of the Board, will be appointed interim CEO of the company. Staples, Inc., the owner and operator of the Staples North American Delivery business, announced that the Company and J. Alexander (Sandy) M. Douglas, Jr. have mutually...
by stefanie | Jun 7, 2021 | City News
USR Parent, Inc. (Staples) announced it had sent a letter to the Board of Directors of The ODP Corporation outlining a $1.0 billion (€820 million) or $18.27 (€15.39) per share proposal to acquire The ODP Corporation’s consumer business. The proposal includes the...
