Staples to Be Acquired by Sycamore Partners for $6.9 Billion

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On June 28, Staples announced that it has agreed to be acquired by Sycamore Partners for $6.9 billion. Staples has been exploring a sale of its business since April, talking to private-equity groups about a deal that would enable the embattled publicly-traded office-supplies retailer to go private. Staples’ share price has suffered after years of

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