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Office supplies retailer Staples on Monday said it made an offer to buy Office Depot owner ODP Corp for $2.1 billion in cash, nearly five years after its second takeover effort was rejected.
Monday's Afternoon Update | 1/11/2021 Traffic tickets plunged in Florida. It may mean painful budget cuts for many services Average Floridians might not realize that every time they pay a court fine or fee, the money helps keep government operations afloat. The revenue — especially from traffic tickets — helps pays for everything from wildlife and environmental conservation, compensation for crime victims and even treatments for people with brain and spinal injuries. But as the pandemic has largely shuttered courts and led to fewer motorists getting tickets, revenue across Florida has pl...
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Market movers: Stocks that saw action on Monday - and why Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer A roundup of some of the North American equities making moves in both directions On the rise The Vancouver-based telecom announced on Friday that its subsidiary, Telus International, has filed a registration statement with the U.S. Securities and Exchange Commission for an IPO. The company ...
Staples Seeks to Buy Office Depot for $2.1B Related Stories January 19, 2021 January 19, 2021 January 13, 2021 Staples outlining a proposal to acquire the parent company of Office Depot in a deal that would value the target company at $2.1 billion. Closely held Staples, under the corporate name USR Parent Inc., said it sent a letter to ODP Corp. laying out a plan to buy the company for $40 per share in cash. A deal would bring together two of the biggest names in office supplies at a time when brick-and-mortar retailers are struggling to cope with broad economic shutdowns in the pandemic....
The ODP Corporation , a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform and retail locations, today... | January 16, 2021