Office Depot (ODP) Stock Gains on Shareholder Approval of Staples Merger

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    • Jan 2009
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    #1

    Office Depot (ODP) Stock Gains on Shareholder Approval of Staples Merger

    The company said that 99.5% of the votes cast were in favor of closing the deal with Staples which was first announced in February. Office Depot shareholders will get $7.25 per share in cash and 0.288 of a share in Staples stock for each share they own.


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