Author Topic: Office Depot buying Compucom for about $1B; shares slump 11%  (Read 13 times)

steve

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Office Depot buying Compucom for about $1B; shares slump 11%

Office Depot bills the purchase as the first step in a pivot from a traditional office supply retailer to a broader business services and technology...
Office Depot bills the purchase as the first step in a pivot from a traditional office supply retailer to a broader business services and technology products platform. The seller is Thomas H. Lee Partners, and part of the consideration will be 45M shares of ODP stock, with the P-E firm owning 8% of Office Depot following the sale.





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Source: Office Depot buying Compucom for about $1B; shares slump 11%

 
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