Form SC 13D STAPLES INC Filed by: Starboard Value LP
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Starboard Confident FCC Would Approve Staples (SPLS), Office Depot (ODP) Combo - Bloomberg
December 11, 2014 3:31 PM ESTStarboard Value is confident the FCC would approve a Staples (NASDAQ: SPLS) and Office Depot (NASDAQ: ODP) merger, sources told Bloomberg. The hedge fund, which owns stakes in both companies, plans to push the retailers to merge, cut overlapping expenses, and reduce the number of stores.
... MoreOffice Depot (ODP), Staples (SPLS) Merger 'Unlikely', Citi Says
December 11, 2014 11:33 AM ESTShares of Staples (NASDAQ: SPLS) and Office Depot (NASDAQ: ODP) are both sharply higher Thursday after activist hedge fund Starboard Value filed separate 13Ds showing a new stake in Staples and a raised stake in Office Depot. Speculation is now centered on a potential combination of the two.
Commenting on a potential... More
