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@OfficeDepot

Press Releases - Corporate/Financial

  • 2/23/16 6:50 am EST

    Continues to Deliver Improvement in Operating Income

    Expects Preliminary Adjusted Operating Income(1) of $500 Million for 2016

    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (“Office Depot”, or the “company”) (NASDAQ: ODP), a leading global provider of office products, services, and solutions, which entered into a definitive agreement on February 4, 2015 to be acquired by Staples, Inc. (“Staples”), today announced results for the fourth quarter and year ended December 26, 2015. “We were pleased to deliver another year of strong operating results in 2015, despite experiencing substantialmore...
  • 2/9/16 9:00 am EST
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NASDAQ: ODP), a leading global provider of office products, services, and solutions, which entered into a definitive agreement on February 4, 2015 to be acquired by Staples Inc., will announce fourth quarter 2015 results for the fiscal period ending December 26, 2015, before market open on Tuesday, February 23, 2016. The company does not plan to host an earnings conference call. About Office Depot, Incmore...
  • 2/2/16 4:03 pm EST
    FRAMINGHAM, Mass. and BOCA RATON, Fla., Feb. 2, 2016 – Staples, Inc. (NASDAQ: SPLS) and Office Depot, Inc. (NASDAQ: ODP) today announced the completion of financing arrangements and the extension of their merger agreement from February 4, 2016 to May 16, 2016. The extension allows for the completion of ongoing federal district court litigation with the Federal Trade Commission.On February 4, 2015, Staples and Office Depot entered into a definitive merger agreement to combine as a singlemore...
  • 1/20/16 8:02 am EST
    FRAMINGHAM, Mass. and BOCA RATON, Fla., Jan. 20, 2016 – Staples, Inc. (NASDAQ: SPLS) and Office Depot, Inc. (NASDAQ: ODP) today announced that the Board of Directors of both companies intend to waive the merger agreement termination date of February 4, 2016, and extend it to May 16, 2016.  The extension allows for the completion of ongoing federal district court litigation with the Federal Trade Commission. The companies are working to extend financing terms for the transaction, andmore...
  • 12/8/15 4:04 pm EST
    FRAMINGHAM, Mass. and BOCA RATON, Fla., (December 8, 2015) – Staples, Inc. (Nasdaq: SPLS) and Office Depot, Inc. (Nasdaq: ODP) have issued the following open letter to customers after the Canadian Competition Bureau recently announced that it will seek to block Staples’ acquisition of Grand & Toy:To Our Valued Customers,The Canadian Competition Bureau recently announced that it will seek to block Staples’ acquisition of Grand & Toy.  The Competition Bureau’s challenge, ifmore...
  • 12/7/15 4:05 pm EST
    FRAMINGHAM, Mass. and BOCA RATON, Fla., (December 7, 2015) – Staples, Inc. (Nasdaq: SPLS) and Office Depot, Inc. (Nasdaq: ODP) have issued the following open letter to customers after the U.S. Federal Trade Commission announced earlier today their decision to challenge the merger of the two companies:To Our Valued Customers,The Federal Trade Commission recently announced that it intends to challenge Staples’ acquisition of Office Depot.  The government’s challenge, if successfulmore...
  • 12/7/15 1:11 pm EST

    Companies confident in legal position based on competitive dynamics and clear FTC precedent

    FRAMINGHAM, Mass. and BOCA RATON, Fla., December 7, 2015 -- Staples, Inc. (Nasdaq: SPLS) and Office Depot, Inc. (Nasdaq: ODP) today announced that they intend to contest the U.S. Federal Trade Commission’s decision to challenge the merger of the two companies. The companies were informed of the FTC’s decision earlier today.The proposed acquisition would benefit customers, employees and shareholders, and the companies look forward to a full, impartial judicial review of the competitive effectsmore...
  • 11/3/15 6:50 am EST

    Continues to Deliver Improvement in Operating Income

    North American Retail Division Same-Store Sales Grow 3%

    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (“Office Depot”, or the “company”) (NASDAQ: ODP), a leading global provider of office products, services, and solutions, which entered into a definitive agreement on February 4, 2015 to be acquired by Staples, Inc. (“Staples”), today announced results for the third quarter ended September 26, 2015. “We delivered strong operating results in the third quarter, despite the continued disruption related to the pendingmore...
  • 10/20/15 4:45 pm EDT
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NASDAQ: ODP), a leading global provider of office products, services, and solutions, which entered into a definitive agreement on February 4, 2015 to be acquired by Staples Inc., will announce third quarter 2015 results for the fiscal period ending September 26, 2015, before market open on Tuesday, November 3, 2015. The company does not plan to host an earnings conference call. About Office Depot, Incmore...
  • 10/12/15 8:30 am EDT
    FRAMINGHAM, Mass. (October 12, 2015) -- Staples and Office Depot today announced that they have mutually agreed with the Federal Trade Commission to extend the review period for the Office Depot acquisition. Under the terms of the agreement, the FTC has agreed to issue its decision regarding this transaction by December 8, 2015. “We’re pleased to reach an agreement with the FTC to extend the review period for the Office Depot transaction,” said Ron Sargent, Chairman and CEO, Staplesmore...