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Tag: FTC

Staples and Office Depot to contest FTC’s decision to challenge the merger of the two companies

Companies confident in legal position based on competitive dynamics and clear FTC precedent FRAMINGHAM, Mass. & BOCA RATON, Fla., 2015-12-9 — /EPR Retail News/ — Staples, Inc. (Nasdaq: SPLS) and Office Depot, Inc. (Nasdaq: ODP) today announced that they intend to contest the U.S. Federal Trade Commission’s decision to challenge the merger of the two companies. The…

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Staples and Office Depot mutually agreed with the FTC to extend the review period for the Office Depot acquisition

FRAMINGHAM, Mass., 2015-10-13 — /EPR Retail News/ — Staples and Office Depot today announced that they have mutually agreed with the Federal Trade Commission to extend the review period for the Office Depot acquisition. Under the terms of the agreement, the FTC has agreed to issue its decision regarding this transaction by December 8, 2015. “We’re pleased to…

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