Staples: Office Depot acquisition on track for year-end closure

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    • Jan 2009
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    Staples: Office Depot acquisition on track for year-end closure

    Office-supply company Staples and its acquisition target, Boca Raton-based Office Depot, will soon comply with regulators' request for more information about the companies' proposed $6.3 billion merger, Staples chairman and CEO Ron Sargent said Wednesday. On March 30, Office Depot and Staples each received a request for additional information and documentary material, often referred to as a "second request," from the Federal Trade Commission.


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