SPLS, ODP Reach $6.3B Merger Deal

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    • Jan 2009
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    SPLS, ODP Reach $6.3B Merger Deal

    Office-supply retailing giants Staples Inc. and Office Depot Inc. said Wednesday they've agreed to merge in a cash-and-stock deal valued at $6.3 billion. The combined company will have pro forma annual sales of about $39 billion; the deal is expected to close by year's end.


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