FRAMINGHAM (dpa-AFX) - After rising sharply in the previous session, shares of Staples (SPLS) are seeing further upside during trading on Thursday. Staples is currently up by 1.7 percent after reaching a nearly two-month intraday high.
The continued advance by Staples comes after the office supplies retailer confirmed reports it has agreed to be acquired by private equity firm Sycamore Partners for approximately $6.9 billion.
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