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Office Depot answer Staples’ offer

Office Depot answer Staples’ offer

In a letter to Sycamore Partners, the owner of Staples, ODP Corporation rejects the acquisition offer, but outlines a “more direct path to achieving synergies for shareholders of both companies, without raising substantial regulatory risk. In its letter, ODP proposes...
Essendant shareholders file a complaint

Essendant shareholders file a complaint

Following Rowley Law PLLC’s announcement that it was investigating potential claims against Essendant, the company’s shareholders have now filed a complaint against it. In legal documents viewed by The Recycler, Essendant shareholder Joseph Pietras has brought a class...
Xerox pens reassuring letter to shareholders

Xerox pens reassuring letter to shareholders

In the lengthy letter, the OEM’s Board of Directors reinforces its belief in the significant benefits of the company’s proposed combination with Fuji Xerox. The letter includes the following passages, with key phrases highlighted in bold: “On January 31, 2018, Xerox...