USR Parent (Staples) proposes to buy ODP for $40/share in cash

Jan. 11, 2021 8:53 AM ETThe ODP Corporation (ODP)By: Akanksha Bakshi, SA News Editor15 Comments
  • USR Parent proposes to acquire 100% of the issued and outstanding common stock of The ODP Corporation (NASDAQ:ODP) for $40.00 per share in cash.
  • This represents a 61% premium over ODP's average closing price during the immediately preceding 90 trading days.

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