U.S. FTC approves Staples' acquisition of Essendant with conditions [Reuters]
ESSENDANT INC COMMON (ESND)
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Source: Reuters
U.S. FTC approves Staples' acquisition of Essendant with conditions | Reuters 1 Min Read WASHINGTON (Reuters) - The U.S. Federal Trade Commission said on Monday it had approved with conditions the proposed $482.7 million merger of office supply distributors Staples Inc and Essendant Inc. “Staples, which is owned by the private-equity firm Sycamore Partners, will establish a firewall separating Staples’ business-to-business sales operations from Essendant’s wholesale business,” the regulator said in a statement. “This firewall will restrict Staples’ access to the commercially sensitive information of Essendant’s customers.” Reporting by Eric Beech; Writing by Mohammad Zargham; Editing by Sandra Maler All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. U.S. FTC approves Staples' acquisition of Essendant with conditions WASHINGTON (Reuters) - The U.S. Federal Trade Commission said on Monday it ha
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