Staples-Office Depot merger blocked by Federal Judge
The planned merger of Staples and Office Depot was blocked on Tuesday 10 May 2016 by a federal judge due to ‘antitrust concerns’, reported The Wall Street Journal on 11 May 2016.
12 May, 2016The planned merger of Staples and Office Depot was blocked on Tuesday 10 May 2016 by a federal judge due to ‘antitrust concerns’, reported The Wall Street Journal on 11 May 2016.
12 May, 2016The Federal Trade Commission has said that large companies will be harmed by the lack of competition if the office-supply retail giants Staples and Office Depot are allowed to merge.
13 April, 2016Staples Inc has agreed to buy Office Depot Inc for US$6.3 billion, taking what is said to be a major step towards consolidating the (US) office supplies segment.
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