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Archived Press Releases 2008

  • 6/27/08 5:01 pm EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) and its wholly owned subsidiary, Staples Acquisition B.V., today announced the extension of the previously announced cash tender offer (the “Offer”) for all of the outstanding 8.25 percent senior subordinated notes due July 1, 2014 (the “2014 Notes”) and 7.875 percent senior subordinated notes due March 1, 2015 (the “2015 Notes” and together with the 2014 Notes, the “Notes”) ofmore...
    English
  • 6/27/08 3:55 pm EDT
    • 82.0 percent of the ordinary shares tendered under the Offer, which
      together with the ordinary shares already held by Staples Acquisition
      B.V. represent 95.2 percent of the outstanding Corporate Express
      ordinary shares
    • 99.7 percent of the depositary receipts of the preference shares A
      tendered under the Offer
    • 94.8 percent of the Convertible Bonds tendered under the Offer,
      which together with the Convertible Bonds already held by Staples
      Acquisition B.V. represent 99.1 percent of the Convertible Bonds
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) and its wholly owned subsidiary, Staples Acquisition B.V., are pleased to announce that, during the acceptance period of the offer made by Staples Acquisition B.V. on May 19, 2008 for certain securities issued by Corporate Express N.V. (the “Offer”), the following securities have been tendered for acceptance under the Offer: (i) 152,495,551 ordinary shares with a nominal value of EUR 1.20 each, including the ordinarymore...
    English
  • 6/25/08 12:06 pm EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) and its wholly owned subsidiary, Staples Acquisition B.V., are pleased to announce the increase to EUR 3.60 of the all cash offer price per share for all the issued and outstanding depositary receipts of Preference Shares A in the share capital of Corporate Express N.V. with a nominal value of EUR 1.20 each (“Preference Shares A”) under the offer made by Staples Acquisition B.V. on May 19, 2008 for certain securitiesmore...
    English
  • 6/17/08 5:45 pm EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today that it has obtained clearance from the European Commission with respect to its outstanding offer for Corporate Express N.V. The Commission’s decision to not oppose the transaction constitutes the final regulatory clearance requirement for the offer and satisfies the regulatory condition provided in Staples Acquisition B.V.’s Offer Memorandum published on May 19, 2008, asmore...
    English
  • 6/11/08 7:29 am EDT
    • Staples purchased 5,000 Corporate Express Convertible Bonds at a
      price of EUR 1,346.71 per bond
    • Staples will pay EUR 1,346.71 to all Convertible Bonds validly
      tendered under Staples offer
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc.’s (Nasdaq: SPLS) wholly owned subsidiary Staples Acquisition B.V. today announced that it purchased a total of 5,000 Corporate Express two percent Guaranteed Subordinated Convertible Bonds due 2010 as described in an offering circular of December 16, 2003 (the “Convertible Bonds”) at a price of EUR 1,346.71 per Convertible Bond. The increased price per Convertible Bond follows and reflects the increase of the price permore...
    English
  • 6/11/08 2:00 am EDT
    • The offer is unanimously recommended by the Supervisory Board and
      Executive Board of Corporate Express.
    • The all cash offer of EUR 9.25 per ordinary share values Corporate
      Express at approximately EUR 3.1 billion.
    • Corporate Express has terminated its merger agreement with Lyreco.
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) and its wholly owned subsidiary Staples Acquisition B.V. today announced that they have reached an agreement with Corporate Express N.V. under which Corporate Express unanimously recommends the all cash offer by Staples for Corporate Express (the “Offer”). Staples’ Board of Directors and Corporate Express’ Supervisory Board and Executive Board have all unanimously approved the Offer. Prior to themore...
    English
  • 6/9/08 3:04 pm EDT

    Dwyane Wade Joins More Than 500 Pompano Beach Residents in Public
    Celebration

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) and NBA All-Star Dwyane Wade, along with more than 500 Pompano Beach residents, today celebrated this year’s winner of the Staples Dream Park Challenge – Mitchell/Moore Park of Pompano Beach. Wade joined City of Pompano Beach Mayor Lamar Fisher and Commissioners Rex Hardin, George Brummer, Charlotte Burrie and Barry Dockswell at Mitchell/Moore Park to award the community with the grand-prize award of $25,000 for parkmore...
    English
  • 6/6/08 8:55 am EDT

    Staples receives strong support for debt tender and consent to amend
    covenants

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) and its wholly owned subsidiary, Staples Acquisition B.V., today announced prices for the previously announced cash tender offer for all of the outstanding 8.25 percent Senior Subordinated Notes due July 1, 2014 (the “2014 Notes”) and 7.875 percent Senior Subordinated Notes due March 1, 2015 (the “2015 Notes” and together, the “Notes”) of Corporate Express U.S. Finance Inc. (more...
    English
  • 6/5/08 8:25 pm EDT
    • Staples purchased 22,435,115 Corporate Express ordinary shares or
      12.3 percent of Corporate Express ordinary
      shares outstanding at a price of 9.15 per
      share
    • Purchase agreements contain an authorization from the selling
      shareholder to Staples to exercise the votes against the Lyreco
      transaction during Corporate Express EGM
      on 18 June 2008
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc.’s (Nasdaq: SPLS) wholly owned subsidiary Staples Acquisition B.V. today announced it entered into agreements to purchase a total of 22,435,115 ordinary shares in Corporate Express, representing 12.3 percent of Corporate Express’ outstanding ordinary share capital, at a price of €9.15 per share. The selling shareholders, who owned the shares on the record date of 29 May 2008 for Corporatemore...
    English
  • 6/3/08 2:16 am EDT
    • Staples Offer is contingent upon
      Corporate Express shareholders rejecting
      the Lyreco transaction
    • Shareholders owning approximately 23.3 percent of Corporate Express
      ordinary shares irrevocably commit to tender their shares, and have
      also entered into certain agreements to vote against the proposed
      Lyreco transaction
    • Minimum acceptance condition lowered to 51 percent of the voting
      rights attached to the fully diluted share capital
    • U.S. and Canada antitrust clearance obtained
    • Staples urges all Corporate Express shareholders to vote against
      the Lyreco transaction and tender their shares to Staples
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) and its wholly owned subsidiary Staples Acquisition B.V. today announced the increase of the all cash offer price per ordinary share to EUR 9.15 under the offer made by Staples Acquisition B.V. on 19 May 2008 for certain securities issued by Corporate Express N.V. (the “Offer”), as set out in the Offer Memorandum of 19 May 2008 (the “Offer Memorandum”). Staples’ Offer is contingent upon Corporate Expressmore...
    English

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