Get our introductory offer at only
$0
.99*/month
Cancel anytime
*$0.99/month for first 3 months
$29.90/month for the next 9 months
You are here
Staples and Office Depot drop merger plan after court blocks it
Judge rules that two giants' tie-up would create just one dominant office supplies retailer and impair competition
A federal judge on Tuesday blocked a US$6.3 billion proposed merger of Staples and Office Depot, dashing another huge US deal and handing the Obama administration one more antitrust victory.
PHOTO: AFP
New York
A FEDERAL judge on Tuesday blocked a US$6.3 billion proposed merger of Staples and Office Depot, dashing another huge US deal and handing the Obama administration one more antitrust victory.
The decision is a setback for the beleaguered retailers, which have each endured
To continue reading
Need help?
CALL +65 6388 3838 EMAIL btocs@sph.com.sg
