Staples (SPLS) Stock Rising Today on Analyst Upgrade

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    • Jan 2009
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    Staples (SPLS) Stock Rising Today on Analyst Upgrade

    Last month activist hedge fund Starboard Value, which owns about 10% of Office Depot and 6% of Staples, pressured the two companies to combine. TheStreet's Jim Cramer explains and likes the idea of a merger between Staples and Office Depot, adding that he doesn't think the federal government will block the merger deal.


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