Sycamore Partners Completes Staples Acquisition


Five days after Staples shareholders approved the $6.9 billion leveraged acquisition of the company by private-equity firm Sycamore Partners, the deal officially closed this week. Also closing this year will be 70 more Staples stores around the country, to join the 48 that were shuttered last year, when Staples lost $615 million, according to the

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