ODP Corp. delays public company separation to review a new bid for its consumer business [MarketWatch]
The ODP Corporation (ODP)
Last the odp corporation earnings: 2/26 06:50 am
Check Earnings Report
US:NYSE Investor Relations:
investor.officedepot.com
Company Research
Source: MarketWatch
The office supplies retailer approved a plan for a tax-free spin off to its shareholders last May that would separate ODP from Office Depot. Then in November, it got an offer from USR Parent Inc., parent of Staples and a portfolio company of private-equity firm Sycamore Partners, for its consumer business, including Office Depot and OfficeMax retail stores business, the Company's direct channel business (officedepot.com), and the Office Depot and OfficeMax intellectual property, including all brand names, for $1 billion in cash. "The company remains in conversation with Sycamore as it further evaluates the potential value and regulatory risk of Sycamore's proposed transaction," it said in a statement. In December, it received another bid from a third party but declined to specify the size of that offer. "We look forward to further evaluating the potential sale of ODP's consumer business to determine whether a sale may provide greater value for our shareholders than a public company se
Show less
Read more
Impact Snapshot
Event Time:
ODP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ODP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ODP alerts
High impacting The ODP Corporation news events
Weekly update
A roundup of the hottest topics
ODP
News
- The ODP Corporation to Announce First Quarter 2024 Results Wednesday, May 8, 2024Business Wire
- Monetate Earns Leadership Ranking in G2's Spring 2024 Reports [Yahoo! Finance]Yahoo! Finance
- Best CD Rates Today -- Are High APYs on the Way Out? April 15, 2024 [CNET News]CNET News
- Here are the discounts and free stuff you can get on this year's Tax Day [Yahoo! Finance]Yahoo! Finance
- Here are the discounts and free stuff you can get on this year's Tax Day [Fortune]Fortune
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