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Corporate Press Releases

  • 8/15/17 8:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) (“Staples” or the “Company”) today announced that Arch Merger Sub Inc., a Delaware corporation (“Merger Sub”), formed by funds managed by Sycamore Partners Management, L.P. (“Sycamore”) in connection with the previously announced proposed acquisition of the Company by such funds, pursuant to the Agreement and Plan of Merger, dated as of June 28, 2017 (the “Merger Agreement”), by and among the Company, Arch Parent Incmore...
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  • 8/14/17 8:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ:SPLS) (“Staples” or the “Company”) announced today that it has extended (i) the consent time (the “Consent Time”) for its previously announced solicitation of consents (the “consent solicitation”) to the adoption of certain proposed amendments (the “Proposed Amendments”) to the terms of the Company’s 4.375% Senior Notes due 2023 (the “Notes”) and (ii) the expiration date (the “Expiration Date”) for its previously announcedmore...
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  • 8/2/17 10:15 am EDT

    $50,000 Prize Will Transform the Winner’s Workplace

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Is your current breakroom lacking and in need of an upgrade? Do you actively avoid the breakroom because it doesn’t represent an inviting and collaborative space where you want to spend time? If so, you are in luck. Staples, Inc. wants to makeover your breakroom and show how office design contributes not only to office morale, but also to productivity, collaboration, recruitment and retention. Starting today, all U.S. businesses withmore...
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  • 7/31/17 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) (“Staples” or the “Company”) today announced that it has commenced a tender offer to purchase for cash any and all of its $500 million aggregate principal amount of outstanding 4.375% Senior Notes due 2023 (the “Notes”). In conjunction with the tender offer, the Company is soliciting consents to the adoption of certain proposed amendments to the terms of the Notes as described below (the “Proposed Amendmentsmore...
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  • 7/27/17 8:30 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS or “Staples”) announced that on July 26, 2017 the U.S. Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”) with respect to the pending acquisition of Staples by investment funds managed by Sycamore Partners, a leading private equity firm. The termination of the waiting period under the HSR Act satisfies one ofmore...
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  • 6/28/17 5:19 pm EDT
    FRAMINGHAM, Mass. & NEW YORK--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS or the “Company”) and Sycamore Partners, a leading private equity firm, today announced that they have entered into a merger agreement in which investment funds managed by Sycamore Partners will acquire the Company in a transaction that values Staples at an equity value of approximately $6.9 billion. Under the terms of the merger agreement, all Staples’ stockholders will receive $10.25 per share in cash for each sharemore...
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  • 5/25/17 9:10 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today announced that Michelle Bottomley has been appointed Chief Marketing Officer (CMO). In this role, Bottomley will be responsible for marketing across Staples, helping to promote the company’s pivot to focusing on its North American Delivery business. She will report to Staples’ Chief Executive Officer and President Shira Goodman. “Michelle brings tremendous breadth and balance in the marketingmore...
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  • 5/8/17 3:06 pm EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today announced Brett Wahlin has been appointed to the role of Chief Information Security Officer (CISO). In this new role, Wahlin will be responsible for global enterprise-wide information, product and data security. He will report to Chief Technology Officer Faisal Masud, who leads Staples Digital Solutions, a new organization within the company which combines its traditional IT and digitalmore...
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  • 4/11/17 6:58 am EDT

    For Eighth Year in a Row, Staples is Recognized for Achievements in Energy Efficiency

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) has been named a 2017 ENERGY STAR Partner of the Year – Sustained Excellence Award winner for continued leadership in protecting the environment through superior energy efficiency achievements, the eighth year in a row the company has been honored. Staples’ accomplishments will be recognized by the U.S. Environmental Protection Agency and the U.S. Department of Energy in Washington, D.C. on April 26, 2017 at a ceremony atmore...
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  • 3/13/17 5:30 pm EDT
    FRAMINGHAM, Mass. & LOS ANGELES--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) and Platinum Equity today announced a definitive agreement under which Platinum Equity will acquire Staples’ business in Australia and New Zealand for an undisclosed sum. The transaction is expected to close in the second calendar quarter of 2017. Staples is a leading supplier of business products, services and solutions in Australia and New Zealand. The company serves a diverse variety of customers,more...
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