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Staples rebuffs buyout offer from Cerberus Capital

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Staples Inc. has rejected a takeover offer from Cerberus Capital Management as too low, leaving Sycamore Partners in the running to acquire the office-supplies retailer, according to people familiar with the matter. The Framingham, Mass.-based chain this week turned down the bid from Cerberus, which valued the company at more than its current market value of about $5.8 […]

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