Staples’ Essendant acquisition stalled

Staples’ Essendant acquisition stalled

Essendant has revealed that the Federal Trade Commission’s final approval of the takeover has been postponed due to the federal government shutdown commencing 22 December 2018. As the Worcester Business Journal reports, Ric Phillips, the President and CEO of...
More closures hit Staples

More closures hit Staples

The office supply giant is further reducing its footprint in the United States, with two stores and a warehouse the next to say goodbye. The retailer’s branches in Minot, North Dakota, and East Longmeadow, Massachusetts, will bring down the shutters for the final time...
Essendant and Staples extend again

Essendant and Staples extend again

Staples, Inc. and Essendant Inc. have announced that affiliates of Staples have once again extended the expiration time of the previously announced tender offer for all outstanding shares of Essendant’s common stock. The offer now runs until 6:00pm (New York City...
Another extension for Essendant and Staples

Another extension for Essendant and Staples

Staples, Inc. and Essendant Inc. have announced that affiliates of Staples have once again extended the expiration time of the previously announced tender offer for all outstanding shares of Essendant’s common stock. The offer now runs until 6:00pm (New York City...
Another extension for Essendant and Staples

Another Essendant extension announced

Staples, Inc. and Essendant Inc. have announced that affiliates of Staples have once again extended the expiration time of the previously announced tender offer for all outstanding shares of Essendant’s common stock. The offer now runs until 6:00pm (New York City...