by stefanie | Dec 3, 2018 | City News
Staples, Inc. and Essendant Inc. have announced that affiliates of Staples have extended the expiration time of the previously announced tender offer for all outstanding shares of Essendant’s common stock. The offer now runs to 6:00 p.m., New York City...
by Owen Collins | Nov 22, 2018 | City News
As part of the merger agreement between the two parties, the expiration time of the tender offer for all outstanding shares of Essendant’s common stock has been extended. The offer will now expire on the 29th of November, at 6pm NYC time, unless further extension is...
by Owen Collins | Oct 29, 2018 | Around the Industry
The branch of the office retailer in Eugene, Oregon, will shut its doors for the final time on the 9th of November. The West 11th Avenue store was Staples’ only remaining outlet in the Eugene/Springfield area, according to 13 KVAL. In a statement announcing the...
by Owen Collins | Sep 17, 2018 | City News
Despite the prospect of a last minute hitch, Staples’ takeover of the Illinois-based office supplier has been officially confirmed. Under the terms of the deal, Staples will acquire all of the outstanding shares of Essendant, in a transaction worth around $996 million...
by Owen Collins | Sep 14, 2018 | World Focus
One of Essendant’s largest shareholders, Pzena Investment Management, has condemned the proposed takeover by the office supply giant. The Illinois-based company’s Board gave its blessing to the Staples bid earlier this week, classifiying it as a “superior proposal” to...
