Staples Offers To Buy Office Depot For $2.1 Billion

For the third time, Staples is proposing to buy rival Office Depot in a $2.1 billion deal. CNN reports: The $40-per-share offer price for Office Depot’s parent company, ODP Corp., is a roughly 60% premium over its average closing price for the last 90 trading days. The all-cash transaction, according to Staples, is a “compelling value proposition” and is a “superior…