by stefanie | Jan 20, 2021 | City News
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...
by stefanie | Oct 4, 2018 | Around the Industry
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...
by stefanie | May 11, 2018 | Around the Industry
In the latest of a series of open missives to shareholders published on Carl Icahn’s official website, Icahn and fellow shareholder Darwin Deason have heaped scorn on the latest open letter penned by Xerox’s Board. In the letter released on Xerox’s company site, the...
by stefanie | May 9, 2018 | Around the Industry
The OEM has published an open letter to its shareholders, responding to the recent developments in its “ongoing disagreement” with Carl Icahn and Darwin Deason, and stressing its dedication to maximising value “for all shareholders.” In the letter, Xerox cites its two...
by stefanie | Mar 8, 2018 | Around the Industry
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...
