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Essendant expects Staples transaction to close soon

Following yesterday’s news that the Federal Trade Commission (FTC) has approved its acquisition by Staples, Essendant has written to its…

Staples CEO reiterates Essendant promises

Staples Inc CEO Sandy Douglas wrote to Essendant counterpart Ric Phillips earlier this week to express his “unwavering excitement” at…

Essendant blames government shutdown for Staples delay

US wholesaler Essendant has updated its staff and customers on the status of its pending acquisition by Staples. In documents…

Genuine Parts sues Essendant

Genuine Parts Company (GPC) has filed a lawsuit against Essendant, accusing the latter of “deceptive conduct and breaches of its…

Investors file lawsuit against Essendant

Investors in US wholesaler Essendant have filed a complaint to halt the company’s planned merger with Staples Inc. The case…

Dealer organisations unite for FTC letter

Four leading independent dealer organisations in the US have joined forces to voice their concerns to the Federal Trade Commission…

Exclusive: Essendant will remain independent, says Staples CEO

Staples CEO Sandy Douglas has told OPI that the reseller “fully intends” for Essendant to be run independently after it…

Staples begins tender offer for Essendant shares

Staples Inc has announced the commencement of its tender offer for all outstanding shares of Essendant common stock. It’s not…

Staples deal for Essendant confirmed

The acquisition of US office products wholesaler Essendant by Staples in a deal worth almost $1 billion has been confirmed.…

Top Essendant shareholder opposes Staples offer

Pzena Investment Management, Essendant’s largest shareholder, has said it will not support Staples’ current proposal to acquire the wholesaler. In…

No counterbid for Essendant, says Genuine Parts

Genuine Parts (GPC) has said it intends to let its SP Richards (SPR) merger agreement with Essendant terminate rather than…

Analysis: The ball now in Essendant’s court

While US Open tennis stars struggle to cope with the sweltering conditions in New York, Staples Inc has turned up…

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ACCO eyeing Zagg?

According to an article in the New York Post, ACCO Brands is one of the suitors for mobile accessories supplier…