Staples Inc., the world’s largest
retailer of office supplies, said second-quarter profit fell 38
percent as companies bought fewer desks and chairs.
By Mike Caggeso
Associate Editor
Staples Inc.'s (SPLS) $3.7 billion (2.5 billion euro) takeover offer for Dutch rival Corporate Express N.V. (CXP) was promptly rejected yesterday (Tuesday).
The all-cash offer valued shares at a 34%...
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