Thursday, June 25, 2015

5 things to know, and now there's no "Easy Button" for the Staples, Office Depot deal

Good Morning, South Florida. 1. Investors fear regulators will impede Office Depot, Staples deal Some investors see trouble ahead for the deal between Office Depot (ODP: NASDAQ) and Staples Inc. (SPLS: NASDAQ) after a federal judge at least temporarily blocked a merger between Sysco Corp. (NYSE: SYY) and U.S. Foods. Stocks of both office retailers were down on Wednesday after the Federal Trade Commission received a favorable ruling to halt the food company merger. Staples has said it expects to…

No comments:

Post a Comment