Staples/ Deal In Trouble

from the how-do-you-buy-it-back dept

Staples is apparently running into all sorts of problems trying to buy back their division, which never quite made it to IPO. Shareholders are pissed off saying that they’ve overvalued the division to make a bunch of failed dot commers rich. Some analysts seem to agree and question a lot of what Staples’ CEO says about the deal. Others seem to think Staples is getting a good deal for its money. They question, though, is what the shareholders will believe.

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