Office Depot rejects takeover offer from Staples, but says its open to other types of ventures – CNBC

Staples has looked for to buy Office Depots parent company, ODP, two other times. Five years earlier, antitrust authorities obstructed a merger between the 2 companies and sent shares of the 2 business tanking.In the most current attempt, Staples proposed to purchase the business on Jan. 11 for more than $2 billion, or $40 a share, according to the Journal.Along with Office Depot, ODC likewise owns OfficeMax, another chain of workplace supply shops, and CompuCom, an info technology company.Read the letter here.

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