5 Things To Know About Staples’ Bid To Acquire Rival Office Depot
Given the difficulties retail businesses are facing during the pandemic, it is interesting to see the focus of this bid on the retail side of the office supplies business, with Staples actually encouraging Office Depot to consider exiting its systems integration and business services businesses.. By Joseph F. Kovar January 14, 2021, 10:11 AM EST
Make Up To Break Up?
Staples, in its current proposal to acquire Office Depot, does not appear to be interested in the business-to-business aspect of its rival.
In its Monday letter to Office Depot, Staples proposed that Office Depot divest itself of one or both of its business-to-business units as a way to increase its value.