Now we have Walmart and Amazon? They got it SO wrong. Good thing staples is the front runner. That will not last long without a good choice at the helm. The temporary is not important to stock price as shown last few days. Permanent is. Staples is still undervalued in my opinion.
You are spot on. The question is management and I believe management got distracted and should be embarrassed by the fact. Pay for a failed merger? Whoever thought/agreed to that should not be seeing a raise until THEY have paid for it. All this said... Staples has a long history of success and paying dividends. Very little reason to think that will change. They need to put this in the rear view mirror and get back to issues like to many stores and how to grow profit. They are the leader in the sector and need to remind everyone why. I will be buying as much as i can at this price!
If you think the end is near for staples... get out of the stock market because end is near for all companies. Staples makes money and has a very very long track record of making money and paying dividends. They are still and possibly always will be the leader in this sector servicing large contract office supplies. You need to get your facts straight before you speak. This stock is way oversold. When they are running you should be buying this kind of stock.
If they rule against the merger we win because Staples must almost have a monopoly and will make too much money FTC says. If they let them merge because they will be allowed to right size the area and make money. How can they lose? Oh.. FTC got it wrong and no monopoly no merger just struggle to survive. Leave it to the government to !@#$ up a can't lose situation.