4 Reasons Why Staples-Office Depot Deal Could Get The Green Light
Rather than rejecting Staples’ offer to acquire Office Depot for $2.1 billion, Office Depot’s Jan. 19 response seems to open the door for the company to divest its CompuCom business, sell its retail and e-commerce business to Staples, and possibly become a stand-alone B2B business. By Joseph F. Kovar January 20, 2021, 03:13 PM EST
Office Depot Sees Merit In Staples’ Bid
Office Depot Tuesday said in an open letter that it is willing to explore the possibility of Staples acquiring its retail business. The company also said it is open to selling its non-retail business separately to make the proposed acquisition work, and that it already is in the process of selling its CompuCom systems integration business. The sales of its two business services-oriented divisions, if they are consummated, would leave Office Depot a company focused on retail and e-commerce sales of office a
Press release content from Business Wire. The AP news staff was not involved in its creation.
Organic Garage Announces Execution of Letter of Intent to Acquire Plant-Based Cheese Company
January 18, 2021 GMT
Organic Garage Ltd. (“
Organic Garage ” or the “
Company ”) (TSXV: OG), is pleased to announce that it has entered into a binding letter of intent (the “
LOI ”) to acquire all of the issued and outstanding securities of The Future of Cheese Company Corp. (“
FoC ”), a private Canada corporation (the “
Proposed
Acquisition ”). FoC is a Toronto, Ontario based organic, vegan premium plant-based company in the business of developing, manufacturing and marketing plant-based cheeses and plant-based cheese products.
Protolabs, 3D-Print Metal Fabricator, Up on Output-Platform Deal
Protolabs, a 3D-printing metal fabricator, agreed to pay as much as $330 million for 3D Hubs, an online manufacturing platform
Author:
Protolabs (
PRLB) - Get Report jumped Tuesday after the 3D-printing metal fabricator said it definitively agreed to buy 3D Hubs, the Amsterdam online manufacturing platform, for as much as $330 million.
The Maple Plain, Minn., company said in a statement it would pay $130 million cash and $150 million of stock for 3D Hubs. Protolabs will pay as much as an additional $50 million, half in cash and half in stock, if 3D Hubs meets certain targets over two years.