Office Depot Decides to Remain One Company and Decline Acquisition Offers
Retail TouchPoints
JUNE 23, 2022
The retailer’s Board of Directors unanimously determined that divesting the consumer business is not in its best interest at this time, but did not rule out a future spinoff. Staples made another approach for ODP’s consumer business, including both its Office Depot and OfficeMax stores, for $1 billion in June 2021.
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