retail news in context, analysis with attitude

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• The Boston Globe reports that Staples has moved “to pull off its biggest acquisition since its play for Office Depot fell apart due to antitrust concerns two years ago,” and has filed documents “with the Securities and Exchange Commission on Tuesday, telling Essendant shareholders that they should vote against a competing merger proposal, one that would combine Essendant with Genuine Parts Co.’s S.P. Richards business.”

Staples is arguing that because both Essendant and S.P. Richard both sell office supplies to resellers, a merger would be monopolistic.

In other words, it is hoping that the very regulatory attitude that scuttled one merger in which it was invested will scuttle another one, thus allowing to make another acquisition.

Oh what a tangled web we weave…
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