by stefanie | Jan 30, 2019 | City News
The long-anticipated acquisition of Essendant by Staples has finally been approved by the U.S. Federal Trade Commission. Earlier this month, it had been announced that the deal had been postponed due to the shutdown of the US federal government, while Staples and...
by stefanie | Jan 28, 2019 | City News
As Staples’ acquisition of Essendant continues to be postponed due to the USA’s federal government shutdown, the pair are providing another tender offer extension. Staples, Inc. and Essendant Inc. have announced that, pursuant to the Merger Agreement, Egg Merger Sub...
by stefanie | Jan 21, 2019 | City News
Essendant has revealed that the Federal Trade Commission’s final approval of the takeover has been postponed due to the federal government shutdown commencing 22 December 2018. As the Worcester Business Journal reports, Ric Phillips, the President and CEO of...
by Owen Collins | Jan 18, 2019 | Around the Industry
The office supply giant is further reducing its footprint in the United States, with two stores and a warehouse the next to say goodbye. The retailer’s branches in Minot, North Dakota, and East Longmeadow, Massachusetts, will bring down the shutters for the final time...
by Owen Collins | Jan 11, 2019 | City News
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...
