Monday, July 31, 2017

Staples is One Step Closer to Being Acquired

Staples met the first requirement on its road back to private ownership.

The office supplies giant, which is being acquired by private equity firm Sycamore Partners, has been granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. This act states that no merger or acquisition can take place until the United States Federal Trade Commission and Department of Justice have determined that the filed transaction will not violate U.S. commerce antitrust laws. . . . more

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