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Stock Market & Financial Investment News

News Breaks
May 27, 2014
05:47 EDTODPOffice Depot upgraded to Buy from Neutral at Goldman
Goldman Sachs upgraded Office Depot to Buy saying the company is likely to top consensus expectations following the merger with Office Max. The firm raised its price target for shares to $7 from $5.40.
News For ODP From The Last 14 Days
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August 28, 2015
16:53 EDTODPStaples, Office Depot certify substantial compliance with Second Request
Staples (SPLS) and Office Depot (ODP) announced that they have certified substantial compliance with the Request for Additional Information from the United States Federal Trade Commission 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 which Staples and Office Depot have agreed not to close the proposed merger until at least forty-five full calendar days after each company has certified substantial compliance with the Second Request. "We are pleased to have completed our submission of documents and information to the FTC in connection with the Second Request," said Ron Sargent, chairman and chief executive officer, Staples. "We will continue to work closely with the FTC, and we look forward to completing the transaction."

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