FRAMINGHAM (dpa-AFX) - Office supplies retailer Staples, Inc. (SPLS) issued a statement in response to the European Commission's announcement of a Phase II review of the Office Depot acquisition.
'We continue to work cooperatively with the European Commission regarding the acquisition of Office Depot,' said Ron Sargent, Chief Executive Officer, Staples, Inc. 'The transaction would enable Staples to better serve customers around the world and to compete in a rapidly evolving global marketplace.'
Regulators in Australia, New Zealand and China have approved the transaction. Staples continues to work with regulatory authorities in the European Union, the United States and Canada.
In connection with the proposed merger, Staples has filed with the SEC a registration statement on Form S-4 that includes a proxy statement of Office Depot that also constitutes a prospectus of Staples. Staples filed the final proxy statement/prospectus with the SEC on May 18, 2015. The registration statement was declared effective by the SEC on May 15, 2015. Office Depot mailed the definitive proxy statement/prospectus to stockholders of Office Depot on or about May 19, 2015, and the stockholders approved the transaction on June 19, 2015. The registration statement and the proxy statement/prospectus contain important information about Staples, Office Depot, the transaction and related matters.
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