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Stock Market & Financial Investment News

News Breaks
February 20, 2013
11:54 EDTODPOffice Depot says 'premature' to discuss who will be CEO of new company
Says sees regulatory approval taking 7-9 months, says no termination fee if deal is turned down by regulatory authorities. OfficeMax (OMX) says still looking at selling Croxley unit.
News For ODP From The Last 14 Days
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August 17, 2015
12:12 EDTODPFTC announces resignation of Commissioner Joshua Wright
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06:01 EDTODPStocks with implied volatility above IV index mean; WMB ODP
Stocks with implied volatility above IV index mean; Williams (WMB) 57, Office Depot (ODP) 60 according to iVolatility.
August 14, 2015
08:16 EDTODPStaples risk/reward remains compelling, says UBS
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August 13, 2015
08:02 EDTODPStaples receies approval from Australia to acquire Office Depot
Staples (SPLS) announced that it has received clearance from the Australian Competition and Consumer Commission for the acquisition of Office Depot (ODP). Staples continues to seek clearance from regulatory agencies in the United States, the European Union and Canada. The Commerce Commission of New Zealand and the Ministry of Commerce of the People's Republic of China previously gave their clearance for the transaction in June. "We continue to make progress on this transaction, and we're pleased with this decision by the Australian Competition and Consumer Commission," said Ron Sargent, Chairman and CEO, Staples, Inc. "We continue to work closely with regulatory agencies around the world and expect the transaction to be completed by the end of the year."

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