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@OfficeDepot

Press Releases - Corporate/Financial

  • 8/28/15 4:53 pm EDT
    FRAMINGHAM, Mass. and BOCA RATON, Fla., August 28, 2015 – Staples, Inc. (Nasdaq: SPLS) and Office Depot, Inc. (Nasdaq: ODP) today announced that they have certified substantial compliance with the Request for Additional Information (the “Second Request”) from the United States Federal Trade Commission (“FTC”) regarding the proposed merger between Staples and Office Depot. Additionally, Staples and Office Depot have entered into a timing agreement with the FTC pursuant to whichmore...
  • 8/4/15 6:56 am EDT

    Continues to Deliver Substantial Improvement in Operating Income

    Accelerates U.S. Retail Store Portfolio Optimization

    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 second quarter ended June 27, 2015. “In the second quarter we significantly improved operating income versus last year, primarily due to continued excellentmore...
  • 7/7/15 12:00 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 second quarter 2015 results for the fiscal period ending June 27, 2015, before market open on Tuesday, August 4, 2015. The company does not plan to host an earnings conference call. About Office Depot, Inc.more...
  • 6/19/15 8:20 am EDT

    Preliminary vote count indicates a 99.5 percent approval for the acquisition; all other ballot items also approved

    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. (NASDAQ: SPLS), today announced that its shareholders have overwhelmingly approved the proposal for Staples to acquire all of the outstanding shares of the company. At the Company’s Annual Meeting of Shareholders held today, 99.5 percentmore...
  • 5/5/15 6:50 am EDT

    Delivers Substantial Increase in Operating Income

    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., today announced results for the first quarter ended March 28, 2015. “We were pleased to have doubled adjusted operating income in the first quarter versus last year, primarily due to continued excellentmore...
  • 4/7/15 3:00 pm EDT
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NASDAQ: ODP), which entered into a definitive agreement on February 4, 2015 to be acquired by Staples Inc., will announce first quarter 2015 results for the fiscal period ending March 28, 2015, before market open on Tuesday, May 5, 2015. The company does not plan to host an earnings conference call. About Office Depot, Inc. Office Depot, Inc. is a leading global provider of products, services, andmore...
  • 3/5/15 10:50 am EST
    BOCA RATON, Fla.--(BUSINESS WIRE)--More than half (57%) of small business owners (SMBs) say the amount of federal income tax they will pay this year is fair and will enable continued business investment, according to the latest Small Business Index conducted by Office Depot, Inc. (NASDAQ: ODP), the leading global provider of office products, services, and solutions formed by the merger of Office Depot and OfficeMax. “Federal income tax refunds are something smallmore...
  • 2/24/15 6:18 pm EST

    Begins 2015 with Annualized Run Rate of More Than $500 Million in Merger Synergies

    BOCA RATON, Fla.--(BUSINESS WIRE)--In the table Consolidated Balance Sheets, in the section 'Income taxes payable', under December 27, 2014, it should read $4 million (instead of $48 million.) The corrected release reads: OFFICE DEPOT, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2014 RESULTS Begins 2015 with Annualized Run Rate of More Than $500 Million in Merger Synergies Office Depot, Inc. (“Office Depot”, or the “company”) (NASDAQ:more...
  • 2/4/15 7:14 am EST

    Combined Company Better Positioned to Serve the Changing Needs of Customers and Compete Against a Large and Diverse Set of Competitors

    Strategic Combination Expected to Deliver at Least $1 Billion of Annualized Synergies by Third Full Fiscal Year Post-Closing

    Cost Savings and Operational Efficiencies to Dramatically Accelerate Staples' Strategy of Driving Growth in Delivery Businesses and Categories Beyond Office Supplies

    Provides Ability to Optimize Retail Footprint

    Generates Significant Value for Shareholders; Accretive to EPS in First Year Post-Closing1

    FRAMINGHAM, Mass. & BOCA RATON, Fla.--(BUSINESS WIRE)--Feb. 4, 2015-- Staples, Inc. (Nasdaq: SPLS) and Office Depot, Inc. (Nasdaq: ODP) today announced that the companies have entered into a definitive agreement under which Staples will acquire all of the outstanding shares of Office Depot. Under the terms of the agreement, Office Depot shareholders will receive, for eachOffice Depot share, $7.25 in cash and 0.2188 of amore...
  • 1/27/15 1:50 pm EST
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NASDAQ: ODP), a leading global provider of office products, services, and solutions formed by the merger of Office Depot and OfficeMax, will announce fourth quarter and full year 2014 results for the fiscal period ending December 27, 2014, on Tuesday, February 24, 2015. A conference call to discuss the results will be held that day at 9:00 a.m. Eastern Time. To listen to the conference call via webcast, please visitmore...