FTC: Staples, Office Depot must spin off operational company to get merger OK'd

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    • Jan 2009
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    FTC: Staples, Office Depot must spin off operational company to get merger OK'd

    Staples and Office Depot met with the Federal Trade Commission last week to discuss a potential settlement with the office-supply retailers, just before a pre-trial conference in the FTC's challenge of the companies' merger began Wednesday. In response to U.S. District Court Judge Emmet Sullivan's questions about a proposed settlement, Staples' lawyer Diane Sullivan said "nothing's come of that," according to the court transcript of Wednesday's proceeding.


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