4 Reasons Why Staples-Office Depot Deal Could Get The Green Light
Rather than rejecting Staples’ offer to acquire Office Depot for $2.1 billion, Office Depot’s Jan. 19 response seems to open the door for the company to divest its CompuCom business, sell its retail and e-commerce business to Staples, and possibly become a stand-alone B2B business. By Joseph F. Kovar January 20, 2021, 03:13 PM EST
Office Depot Sees Merit In Staples’ Bid
Office Depot Tuesday said in an open letter that it is willing to explore the possibility of Staples acquiring its retail business. The company also said it is open to selling its non-retail business separately to make the proposed acquisition work, and that it already is in the process of selling its CompuCom systems integration business. The sales of its two business services-oriented divisions, if they are consummated, would leave Office Depot a company focused on retail and e-commerce sales of office a