FTC Succeeds in Shutting Down Staples and Office Depot Merger

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Staples’ proposed merger with Office Depot is off. Late in the day on May 10, a district court judge sided with the U.S. Federal Trade Commission (FTC), which sued to block the merger, and issued an order enjoining Staples and Office Depot from completing the deal. Following the decision, Staples issued a statement saying that

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