M&A Reporting, CTFN

Jonathan Spitzer

M&A Reporting

CTFN

Bringing the marketplace leading coverage of mergers, events, and major corporate actions, CTFN has a team of seasoned reporters from Los Angeles to London, publishing news that advances stories that matter to event-driven investors and deal professionals.

Event-Driven

Staples announced last week an agreement to sell a package of office supply contracts to Essendant - similar to one the FTC rejected last fall - setting up&nbsp;a federal judge to decide whether the asset sale will satisfy competition concerns.

Staples announced last week an agreement to sell a package of office supply contracts to Essendant - similar to one the FTC rejected last fall - setting up&nbsp;a federal judge to decide whether the asset sale will satisfy competition concerns.

Staples Puts Essendant "Fix" In Judge's Hands

Public Relations and Social Media Manager, Dechert LLP

Peggy Heffner

Public Relations and Social Media Manager

Dechert is a global specialist law firm

Dechert LLP

Dechert is a global specialist law firm.
Focused on sectors with the greatest complexities, legal intricacies and highest regulatory demands, we excel in delivering practical commercial judgment and deep legal expertise for high-stakes matters.

Our work is widely recognized. We have 20 standout practices noted by Chambers Global, including global-wide rankings for arbitration, corporate investigations, anti-corruption, investment funds and life sciences. Named Antitrust Team of the Year, Chambers USA commends our “accomplished group” as “routinely sought after to handle some of the most significant litigation and transactions in the antitrust world.” 

In an increasingly challenging environment, clients look to us to serve them in ways that are faster, sharper and leaner without compromising excellence. We developed a first-of-its kind legal project management department, which uses technology, people and processes to drive efficiency and deliver value for our clients.

We are innovators. Dechert ranked #7 in the Financial Times’ Top North American Innovative Law Firms. Financial Times also recognizes us among the Top European Innovative Law Firms and highly commends World Compass, our marketing compliance service, which offers investment firms advice in more than 100 jurisdictions.

Significant antitrust merger investigations in the United States took an average of 9.6 months in 2015, more than a third longer than the average just two years ago, according to DAMITT, the Dechert Antitrust Merger Investigation Timing Tracker.Federal enforcement activity resulted in 37 significant merger investigations, seven of which generated complaints seeking to block proposed deals and 24 of which were resolved by consent orders. Each of these figures was a record for the five years during which DAMITT has been tracking antitrust merger investigations.Antitrust merger investigation activity is up, and investigations are taking longer than ever to complete.

Significant antitrust merger investigations in the United States took an average of 9.6 months in 2015, more than a third longer than the average just two years ago, according to DAMITT, the Dechert Antitrust Merger Investigation Timing Tracker.Federal enforcement activity resulted in 37 significant merger investigations, seven of which generated complaints seeking to block proposed deals and 24 of which were resolved by consent orders. Each of these figures was a record for the five years during which DAMITT has been tracking antitrust merger investigations.Antitrust merger investigation activity is up, and investigations are taking longer than ever to complete. 

Dechert Antitrust Merger Investigation Reports Record Duration of U.S. Merger Investigations in 2015

A source tells CTFN that the odds of a &nbsp;2-2 split among commissioners at the FTC on seeking to block the Office Depot-Staples merger are slim. &nbsp;More likely the other two Democratic commissioners would pressure Terrell McSweeny to go along with a challenge.

A source tells CTFN that the odds of a &nbsp;2-2 split among commissioners at the FTC on seeking to block the Office Depot-Staples merger are slim. &nbsp;More likely the other two Democratic commissioners would pressure Terrell McSweeny to go along with a challenge.

Will the Office Depot-Staples Deal Face a Challenge?

An veteran antitrust source tells CTFN that he believes the Federal Trade Commission will have concerns&nbsp;about approving Essendant as a workable buyer of divested assets from the Office Depot-Staples proposed merger.

An veteran antitrust source tells CTFN that he believes the Federal Trade Commission will have concerns&nbsp;about approving Essendant as a workable buyer of divested assets from the Office Depot-Staples proposed merger.

A government services consultant with contract customers of Staples and Office Depot suggests to <a href="http://ctfn.news" target="_blank">CTFN</a>&nbsp;that a sale of Staples legacy contract business to Essendant would remedy the issues his clients see with the merger.

A government services consultant with contract customers of Staples and Office Depot suggests to CTFN&nbsp;that a sale of Staples legacy contract business to Essendant would remedy the issues his clients see with the merger.

Customers Appeased by Staples-Office Depot Divestiture Scenarios

United States

The ODP Corporation is a holding company which operates in the USA. Its subsidiaries include The Office Depot Inc, which operates a chain of office product warehouse stores in North America, Europe, Asia, and Central America. The Company sells branded merchandise and provides business services primarily to small and medium-sized businesses and the home office market.

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ODP / (ODP US)

Staples Puts Essendant "Fix" In Judge's Hands

Staples announced last week an agreement to sell a package of office supply contracts to Essendant - similar to one the FTC rejected last fall -...

CTFN

Dechert Antitrust Merger Investigation Reports Record Duration of U.S. Merger Investigations in 2015

Significant antitrust merger investigations in the United States took an average of 9.6 months in 2015, more than a third longer than the average...

Dechert LLP

Will the Office Depot-Staples Deal Face a Challenge?

A source tells CTFN that the odds of a 2-2 split among commissioners at the FTC on seeking to block the Office Depot-Staples merger are slim....

CTFN

Staples-Office Depot Fix Questionable

An veteran antitrust source tells CTFN that he believes the Federal Trade Commission will have concerns about approving Essendant as a workable...

CTFN

Customers Appeased by Staples-Office Depot Divestiture Scenarios

A government services consultant with contract customers of Staples and Office Depot suggests to CTFN that a sale of Staples legacy contract...

CTFN

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