Wednesday, May 3, 2017

Staples continues to explore sale

Two private equity firms are “actively” exploring a buyout of Staples, according to a report by CNBC.
Cerberus Capital Management and Sycamore Partners have emerged as the leading frontrunners pursuing a deal, the report said. While other private equity firms, including Clayton Dubilier & Rice LLC, Advent International Corp and Bain Capital LLC, held discussions with the retailer include, they appear to be walked back and are less interested in the deal.. . . more

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