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Office Depot (ODP) has approved a poison pill that goes into effect if a person or group...

  • Tuesday, October 30, 2012, 5:40 PM ET
    Office Depot (ODP) has approved a poison pill that goes into effect if a person or group (without board approval) acquires 15% or more of the company's shares. The move is doubtlessly aimed at Starboard Value, which recently disclosed a 13.3% stake, and is calling on the office supply chain to streamline operations.
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