staples office depot merger 1997

U.S. sues Staples in bid to block Office Depot takeover ...- staples office depot merger 1997 ,Dec 07, 2015·The FTC's decision is the second time it has weighed in on a combination of Staples and Office Depot. In 1997, the commission successfully sued to block their proposed merger…Staples Seeks to Buy Office Depot, Again - WSJJan 11, 2021·The FTC rejected Staples’ first attempt to buy Office Depot in 1997. The government’s objections then focused on competition for bricks-and-mortar retail customers. ODP has roughly 1,200 ...



Staples Can't Stop Trying to Buy Office Depot | The Motley ...

Mar 31, 2021·Staples' attempts to buy Office Depot extend back to 1997 when the Justice Department first rejected a $4 billion combination of their retail operations for fear it would limit competition. They ...

Is Staples’ Latest $1 Billion Bid for Office Depot Better ...

Jun 07, 2021·Staples has had a long and so far unsuccessful history of trying to merge/acquire its rival Office Depot. A $6.3 billion merger that had been in the works since February 2015 was derailed by a Federal Trade Commission (FTC) ruling in May 2016. The two companies also had attempted a merger in 1997 that was likewise nixed by the FTC.

Office Depot jumps 20% after Staples offers to buy the ...

Staples last tried to acquire Office Depot for more than $6 billion, but the proposed merger was declined by the FTC due to anti-trust concerns. Staples also tried to acquire Office Depot in 1997.

Office Depot Split Paves Way For Staples To Pursue ... - CRN

May 05, 2021·Framingham, Mass.-based Staples, known by its corporate name as USR Parent, in January made an attempt to acquire Office Depot in a deal worth $2.1 billion, which was a …

Prices, Market Definition, and the Effects of Merger ...

Mar 30, 2019·Dalkir, Serdar and Warren-Boulton, Frederick, Prices, Market Definition, and the Effects of Merger: Staples-Office Depot (1997) (2018). The Antitrust Revolution: Economics, Competition, and Policy, 7th edn. Oxford University Press, New York (2018), Available at SSRN: ...

FTC Likely to Delay Decision on Staples, Office Depot Merger

Oct 07, 2015·The FTC he successfully challenged a previous proposed merger between Staples and Office Depot in 1997, but the office-supply market has evolved in the intervening years.

Staples Goes On the Attack in Attempt to Win Office Depot

Dec 24, 2015·With Staples likely to miss out on acquiring Office Depot for the second time (a previous bid in 1997 was squashed by regulators), Staples stands to lose on several fronts. Right off the bat ...

The Positive Correlation of Price and Concentration in ...

In early 1997 the FTC challenged the proposed merger of two office supply firms, Staples and Office Depot. On June 30, 1997, U.S. District Court Judge Thomas F. Hogan granted the FTC a preliminary injunction; shortly afterward Staples and Office Depot abandoned the merger. In Staples the FTC applied new economic theory and introduced a new type of

"Staples-Office Depot Mergers, 1997 v. 2016: Changed ...

May 23, 2016·As Judge Sullivan’s detailed opinion made clear to those familiar with the FTC’s challenge to the proposed merger of Staples and Office Depot in 1997, the market for office supplies has ...

Staples Offers to Buy Office Depot - CFO

Jan 11, 2021·This is the third time Staples has tried to acquire Office Depot. The Federal Trade Commission (FTC) rejected previous merger attempts between the two office-supply companies in 1997 and 2015.. Staples was taken private by private equity company Sycamore Partners in a $6.9 billion acquisition in 2017.

Staples, Inc. and Office Depot, Inc. | Federal Trade ...

Apr 10, 1997·Staff authorized to file a motion for a preliminary injunction to block the proposed acquisition of Office Depot, 1nc. on grounds that the $4 billion acquisition would allow the combined firm to control prices for the sale of office supplies in numerous metropolitan areas in the United States.

Staples and Office Depot: An Event-Probability Case Study ...

Investors in financial markets bet their dollars on whether amerger will raise or lower prices. Below, we apply an event-probability methodology to the proposed merger between Staples and Office Depot, which was challenged by the FTC and eventually withdrawn. In addition to a time-series regression,we also look at the effect of the merger in specific event windows.

Staples Goes On the Attack in Attempt to Win Office Depot

Dec 24, 2015·With Staples likely to miss out on acquiring Office Depot for the second time (a previous bid in 1997 was squashed by regulators), Staples stands to lose on several fronts. Right off the bat ...

"Staples-Office Depot Mergers, 1997 v. 2016: Changed ...

May 23, 2016·As Judge Sullivan’s detailed opinion made clear to those familiar with the FTC’s challenge to the proposed merger of Staples and Office Depot in 1997, the market for office supplies has ...

FTC Likely to Delay Decision on Staples, Office Depot Merger

Oct 07, 2015·The FTC he successfully challenged a previous proposed merger between Staples and Office Depot in 1997, but the office-supply market has evolved in the intervening years.

Staples offers to buy Office Depot for $2.1 billion - CNN

Jan 11, 2021·New York (CNN Business) Staples is once again proposing to buy rival Office Depot in a $2.1 billion deal, five years after the US government squashed their prior merger agreement. The $40-per ...

(PDF) STAPLES AND OFFICE DEPOT: AN EVENT-PROBABILITY …

Investors in financial markets bet their dollars on whether a merger will raise or lower prices. Below, we apply an event-probability methodology to the proposed merger between Staples and Office Depot, which was challenged by the FTC and eventually

Staples-Office Depot Mergers, 1997 v. 2016: Changed ...

between Staples and Office Depot. Under the terms of the deal, Staples will pay Office Depot a $250 million break-up fee. As Judge Sullivan’s detailed opinion made clear to those familiar with the FTC’s challenge to the proposed merger of Staples and Office Depot in 1997, the market for office supplies has undergone fundamental changes in ...

Staples, Office Depot to Terminate Merger After Judge ...

The ruling marks the second time the FTC has defeated a Staples-Office Depot merger effort. It won a decision in 1997 that prevented the companies from joining forces.

U.S. sues Staples in bid to block Office Depot takeover ...

Dec 07, 2015·The FTC's decision is the second time it has weighed in on a combination of Staples and Office Depot. In 1997, the commission successfully sued to block their proposed merger…

Office Depot Split Paves Way For Staples To Pursue ... - CRN

May 05, 2021·Framingham, Mass.-based Staples, known by its corporate name as USR Parent, in January made an attempt to acquire Office Depot in a deal worth $2.1 billion, which was a …

The Positive Correlation of Price and Concentration in ...

In early 1997 the FTC challenged the proposed merger of two office supply firms, Staples and Office Depot. On June 30, 1997, U.S. District Court Judge Thomas F. Hogan granted the FTC a preliminary injunction; shortly afterward Staples and Office Depot abandoned the merger. In Staples the FTC applied new economic theory and introduced a new type of

Starboard Insists Staples Merge with Office Depot ...

Jan 21, 2015·Many analysts also believe that the merger might pass the regulatory hurdle this time, unlike in 1997 when Staples tried to acquire Office Depot but failed to pass the antitrust concerns.

Starboard wants Staples, Office Depot merger: Sources

Dec 11, 2014·Analysts say the deal is less likely to raise eyebrows among antitrust regulators than it did back in 1997, when Staples and Office Depot contemplated a merger only to be blocked.