Telsey Downgrades Office Depot (ODP) to Market Perform
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Office Depot Responds to District Court’s Ruling on Merger with Staples
May 10, 2016 7:03 PM EDTBOCA RATON, Fla.--(BUSINESS WIRE)-- Office Depot, Inc. (NASDAQ: ODP) today issued the following statement from Chairman and Chief Executive Officer Roland Smith after the U.S. District Court in the District of Columbia granted the Federal Trade Commissions (FTC) request for a preliminary injunction to block the proposed merger of Staples, Inc. (NASDAQ: SPLS) and Office Depot.
Smith commented:
While we are respectful of the Courts decision to grant the FTCs request for a preliminary injunction to prevent our merger with Staples,... More
