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Staples buys Essendant for $996 million

Essendant Inc.—a top-tier distributor that sells office and industrial products to thousands of wholesalers and resellers and also drop-ships for retailers—will become part of office supplies merchant Staples Inc. under terms of a deal valued at nearly $1 billion, the two companies announced today. The deal, coming a year after Staples was acquired by investment […]

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