Staples raised its unsolicited offer for Corporate Express to nearly $2.6 billion Tuesday, and Corporate Express said it would "carefully review" the increased offer.
Staples
has been pursuing Corporate Express since February, when it put forth an offer of
€7.25 per share. The Framingham, Mass.-based suitor sweetened its bid twice. Since the hunt began, Corporate Express agreed to acquire French rival
Lyreco SA for €1.73 billion ($2.71 billion) to try to fend off
its would-be hostile acquirer. - Maria Woehr
Corporate Express NV 
