A shopping cart is seen outside a Staples office supplies store in the Chicago suburb of Glenview, Illinois, February 4, 2015. No. 1 office supply chain Staples and smaller rival Office Depot Inc said on May 10, 2016, they would terminate their planned merger after a U.S.... ) will announce its sale to private equity firm Sycamore Partners for $10.25 per share in cash on Wednesday, a person familiar with the matter said on condition of anonymity.
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