Staples, Office Depot Plan To Extend Deadline For Deal

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  • RSS Robot
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    • Jan 2009
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    Staples, Office Depot Plan To Extend Deadline For Deal

    The office supply companies said Wednesday that the extension allows for the completion of ongoing federal district court litigation with the Federal Trade Commission. Last month federal regulators rejected an offer from Staples to sell $1.25 billion in contracts, an attempt on the part of the retailer to ease monopoly fears as it tries to acquire rival Office Depot for $6.3 billion .


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