> Nachricht The ODP Corporation to Announce Fourth Quarter and Full Year 2020 Results Through an Enhanced Earnings Event to be Held on Wednesday, February 24, 2021 | 0 The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, will host an enhanced earnings event on Wednesday, February 24, 2021. This event will include prepared remarks from senior management covering the Company’s performance in 2020, outlook for 2021, capital deployment plans, and an update on its digital transformation efforts. Due to recent events, the Company has decided to host its investor day event at a later date and will provide further information at the
The alternative proposal centers on retaining ODP Corp. s B2B Business and instead selling its CompuCom unit.
Jan 20th, 2021
iStock
BOCA RATON, FL The ODP Corporation, a provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform and retail locations, sent the following letter Tuesday to Stefan Kaluzny, managing director of Sycamore Partners and a member of the board of directors of USR Parent Inc., the Sycamore-affiliated owner of Staples.
The full content of the letter is published below.
Mr. Kaluzny,
The board of directors of The ODP Corporation has carefully reviewed and considered USR Parent Inc.’s (Staples) January 11, 2021 proposal to acquire 100 percent of ODP’s issued and outstanding common stock for $40.00 per share in cash, consistent with our fiduciary duties, and in consultation with our financial and legal advisors. The board has unanimously concluded that there is a more comp
The ODP Corporation , a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform and retail locations, today. | January 16, 2021