5 things to know, including the ruling that killed the $6.3B Office Depot-Staples deal

By Mel Meléndez

Buenos días, South Florida.

A judge’s ruling saves one of South Florida’s top public companies.

1. Office Depot’s HQ in Boca is safe

A U.S. district court judge on Tuesday granted the FTC’s request for a preliminary injunction to block the $6.3 billion acquisition of Boca Raton-based Office Depot by rival Staples. Office Depot’s CEO Roland Smith said the companies will terminate the deal effective May 16. Staples first agreed to buy Office Depot in February of 2015, but the FTC, which regulates… …read more

From:: biz journal foreclosures

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