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Green light for Office Depot-Staples merger

Jun. 19, 2015 9:14 AM ETThe ODP Corporation (ODP) StockBy: Clark Schultz, SA News Editor7 Comments
  • Shareholders with Office Depot (NASDAQ:ODP) approved the company's merger with Staples (SPLS) by a whopping 99.5% majority.
  • The office store chain combination is still slated to close this calendar year as the regulatory process works itself out.
  • ODP +2.84% premarket to $9.42 and SPLS +1.98% to $16.75.

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