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Staples and Essendant extend again

Staples and Essendant extend again

Staples, Inc. and Essendant Inc. have announced that affiliates of Staples have once again extended the expiration time of the previously announced tender offer for all outstanding shares of Essendant’s common stock. The offer now runs until 6:00pm (New York City...
Another conviction for Xerox scam

Another conviction for Xerox scam

A Florida man has pled guilty to his part in the scam to defraud the OEM of millions of dollars. According to the Democrat and Chronicle, Jason Haynes entered a guilty plea in the US District Court in Rochester to one charge of conspiracy to commit wire fraud, and one...
Ricoh USA plans lay-offs

Ricoh USA plans lay-offs

The OEM’s American division will cut approximately 76 jobs in the New Year. According to the Orlando Business Journal, the cuts will come as a result of the closure of its call centre in Melbourne, Florida. The decision to close the office at Venture Lane Bays is...