Wednesday, April 06, 2016 12:36:19 PM
Court cases are based on the evidence and not the future growth etc. Currently Staples and Office Depot are 1 & 2 in the market and with big contracts. That is how FTC has based its case.
Staples and Office Depot are in a bad situation as they cannot present evidence because the evidence will prove that their growth prospects are nil and Amazon will take over them very soon. So they took alternative route "dismiss the case based on antitrust". If evidence is presented then Staples share holders might sue the company for buying ODP with this knowledge.
Executives at Staples and ODP wants to win the case so that they can sell their stocks at a much higher rate...which I think is normal with any senior management.
Recent ODP News
- Form 8-K - Current report • Edgar (US Regulatory) • 06/04/2024 01:50:01 AM
- The ODP Corporation Announces Board Changes • Business Wire • 06/03/2024 08:01:00 PM
- The ODP Corporation Releases 2024 Sustainability Report • Business Wire • 05/22/2024 01:00:00 PM
- The ODP Corporation to Participate in the B. Riley Securities Institutional Investor Conference Wednesday, May 22nd, 2024 • Business Wire • 05/20/2024 10:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 12:59:06 PM
- The ODP Corporation Renews and Extends Existing Asset-Based Credit Facility • Business Wire • 05/09/2024 12:51:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 08:01:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 10:50:13 AM
- The ODP Corporation Announces First Quarter 2024 Results • Business Wire • 05/08/2024 10:50:00 AM
- The ODP Corporation to Announce First Quarter 2024 Results Wednesday, May 8, 2024 • Business Wire • 04/24/2024 09:00:00 PM
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- The ODP Corporation to Participate in the UBS Global Consumer & Retail Conference Wednesday, March 13th, 2024 • Business Wire • 03/11/2024 09:00:00 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/02/2024 12:12:42 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/01/2024 10:33:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/28/2024 11:50:10 AM
- The ODP Corporation Announces Fourth Quarter and Full Year 2023 Results • Business Wire • 02/28/2024 11:50:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 11:30:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 11:30:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 11:30:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 11:30:33 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 11:30:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 11:30:18 PM
- The ODP Corporation to Announce Fourth Quarter and Full Year 2023 Results Wednesday, February 28, 2024 • Business Wire • 02/14/2024 10:00:00 PM
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