Staples and Office Depot will sell $550 million in corporate contracts to Essendant--but only if their merger goes through.

Staples and Office Depot Agree (Again) to Sell Assets If Merger Approved

By AI staff on February 17, 2016 News Briefings

Last fall, there was talk that Staples and Office Depot would transfer certain corporate contracts to Deerfield, IL-based Essendant (formerly United Stationers) as part of a bid to get the Federal Trade Commission (FTC) to approve the merger of the office-supplies superstores (see “Deal Might Clear Way for Staples/Office Depot Merger”). Of course, the FTC

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