Wednesday, January 20, 2016

Staples, Office Depot plan to extend deadline for deal

Staples and Office Depot are planning to extend the deadline to get their business combination done.

The office supply companies said Wednesday that the extension allows for the completion of ongoing federal district court litigation with the Federal Trade Commission.


Staples Inc. and Office Depot Inc. have agreed to extend the deadline for their deal from Feb. 4 to May 16. The companies are working to extend financing terms for the transaction.. . . more

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