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Corporate Express NV finally agreed to be acquired by office supplies retailer Staples Inc. for €3.1 billion ($4.8 billion), abandoning its $2.7 billion bid for French peer Lyreco SA. The deal establishes a contract-based business-customer arm for Framingham, Mass.-based Staples in Europe and Canada, and extends the company's reach...
Posted on June 11, 2008 4:25 PM
Last week we wondered how far Staples Inc. chief executive Ron Sargent would go in his pursuit of Dutch office and computer product distributor Corporate Express NV. We got the answer on Monday. As Maria Woehr reports over on our sister blog Dealscape, Sargent is taking the $4.3 billion bid,...
Posted on May 19, 2008 3:21 PM
It may not have the glitz or financial heft of Microsoft Corp.'s $47.5 billion bid for Yahoo! Inc., but the story line of Staples Inc.'s unsolicited $2.3 billion bid for Corporate Express NV of Amsterdam is so far hitting the same dramatic high points. That is months of unsuccessful attempts...
Posted on May 14, 2008 12:36 PM
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