Tuesday, March 29, 2016

Staples closing in on Office Depot deal

Image result for staples and office depot mergerStaples could be on the brink of winning its case against the Federal Trade Commission — possibly clearing the way for it to acquire Office Depot, sources told The Post.

The judge overseeing the FTC suit against the office supply chain said he will entertain a motion from Staples’ legal team to dismiss the case once the regulator concludes its arguments this week.

When a judge agrees to hear such a move — a judgment as a matter of law — he or she believes the plaintiff or prosecutor has failed to make its case, a lawyer not involved in the case told The Post on Monday.. . . more

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