The ODP Corporation Delays Public Company Separation to Evaluate Potential Sale of Its Consumer Business
The ODP Corporation (ODP)
Last the odp corporation earnings: 2/26 06:50 am
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Source: Business Wire
Announces It Has Received a Proposal from a Second Party to Acquire Its Consumer Business BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (“ODP” or the “Company”) (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, today announced that its Board of Directors determined to delay the previously announced public company separation to evaluate a potential sale of the Company’s consumer business.In May 2021, the Company announced that its Board of Directors unanimously approved a plan to separate ODP into two independent, publicly-traded companies by means of a tax-free spin-off to ODP shareholders. In November 2021, USR Parent, Inc., the parent company of Staples and a portfolio company of Sycamore Partners, reaffirmed its non-binding proposal to acquire the Company’s consumer business, including the Office Depot and OfficeMax retail stores business, the Company's direct chann
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ODP
Earnings
- 2/28/24 - Beat
ODP
Analyst Actions
- 2/29/24 - TheStreet
ODP
Sec Filings
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- ODP's page on the SEC website