FTC Rejects Staples-Office Depot Deal Without a Counteroffer

  • Company offered to transfer contracts worth $1.25 billion
  • Settlement proposal designed to resolve FTC antitrust suit
Photographer: Daniel Acker/Bloomberg

Staples Inc. will have to do more to smooth government opposition to its proposed takeover of Office Depot Inc. after the U.S. rejected its latest attempt to win antitrust approval.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.