The parent company of office supplies retailer and business IT services provider Staples Monday unveiled a plan to acquire rival Office Depot in a $2.1 billion deal that proposes the eventual ...

Office Depot Inc. shareholders will receive $7.25 in cash and 0.2188 of a share in Staples Inc. at closing. The transaction values Office Depot at $11 per share. The companies put the deal’s ...

Office Depot, in an open letter, says it acknowledges Staples’ primary interest in acquiring its retail and ecommerce business, and said that it has already initiated the process to sell its ...