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Share this article Share this article TORRANCE, Calif., April 19, 2021 /PRNewswire/ -- WASH Multifamily Acquisition Inc. (the "Company") announced today the closing of its previously announced offering of $850 million aggregate principal amount of 5.750% senior secured notes due 2026 (the "Notes"). The Notes are guaranteed by WASH Multifamily Parent Inc., the direct parent company of the Company, and the Company's wholly-owned domestic restricted subsidiaries that guarantee the Company's new super senior secured revolving credit facility (the "New Revolving Credit Facility"). The Notes and t...

It follows ODP's March 15 stated rejection of Staples' latest offer. Apr 1st, 2021 USR Parent FRAMINGHAM, MA — USR Parent, Inc. (Staples) announced Wednesday that, in light of the March 15 public announcement made by the board of directors of The ODP Corporation (Office Depot) indicating that ODP would be open to the potential sale of certain of ODP's assets, Staples will evaluate all alternatives in its pursuit of ODP, including, but not limited to, all of ODP or certain select assets, which may include ODP's retail and consumer-facing business, its business operations in Canada and ce...

By Reuters Staff 2 Min Read (Reuters) - ODP Corp said on Monday it had rejected a proposal from Staples to acquire some assets of the Office Depot and OfficeMax owner, adding that the offer lacked basic deal terms including a purchase price. The proposal from office supplies retailer Staples, owned by buyout firm Sycamore Partners, did not include a valuation of the assets that it sought to acquire or any commitment by Staples to complete the deal, according to ODP. In January, ODP rejected bigger rival Staples’ more than $2 billion takeover offer and instead proposed merging only the consu...

The alternative proposal centers on retaining ODP Corp.'s B2B Business and instead selling its CompuCom unit. Jan 20th, 2021 iStock BOCA RATON, FL —  The ODP Corporation, a provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform and retail locations, sent the following letter Tuesday to Stefan Kaluzny, managing director of Sycamore Partners and a member of the board of directors of USR Parent Inc., the Sycamore-affiliated owner of Staples. The full content of the letter is published below. Mr. Kaluzny, The board...

84 Biggest Movers From Yesterday Benzinga 1/12/2021 Gainers Zomedica Corp. (NYSE: ZOM) shares surged 92.2% to close at $0.93 on Monday after surging 21% on Friday. The company, last week, appointed Robert Cohen as Chief Executive Officer. GeoVax Labs, Inc. (NASDAQ: GOVX) shares gained 62.4% to close at $5.36 after the company was awarded NIH grant to advance COVID-19 vaccine development. Avinger, Inc. (NASDAQ: AVGR) jumped 61.9% to close at $1.45 after climbing around 38% on Friday. The company on Dec. 30 was granted a European patent titled 'Oct imaging catheter with lag correction.' Tr...