ESND - Essendant Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
12.81
+0.10 (+0.79%)
At close: 4:00PM EDT

12.81 0.00 (0.00%)
After hours: 4:50PM EDT

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Previous Close12.71
Open12.72
Bid12.77 x 900
Ask12.84 x 1000
Day's Range12.71 - 12.88
52 Week Range7.20 - 17.09
Volume475,830
Avg. Volume237,368
Market Cap482.222M
Beta1.36
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.56 (4.37%)
Ex-Dividend Date2018-09-13
1y Target EstN/A
Trade prices are not sourced from all markets
All
News
Press Releases
  • Business Wireyesterday

    ESSENDANT INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout

    Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Essendant Inc. (“Essendant” or the “Company”) (NASDAQ GS: ESND) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by an affiliate of Staples, Inc. (“Staples”) in a transaction valued at approximately $996 million. If you own common stock of Essendant and purchased any shares before September 14, 2018, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail at info@rl-legal.com.

  • GlobeNewswireyesterday

    Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of Essendant Inc. (ESND) on Behalf of Stockholders and Encourages Investors to Contact the Firm

    NEW YORK, Sept. 17, 2018-- Bragar Eagel & Squire, P.C. is investigating potential claims against Essendant Inc. on behalf of stockholders concerning the proposed acquisition of the company by Staples Inc.. ...

  • PR Newswireyesterday

    SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Essendant, Inc. - ESND

    NEW YORK , Sept. 17, 2018 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York ...

  • PR Newswire4 days ago

    ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Essendant, Inc.

    NEW YORK , Sept. 14, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Essendant, Inc. (NASDAQ: ESND) and its board of directors for breach of fiduciary duty concerning the ...

  • GlobeNewswire4 days ago

    SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Essendant Inc. to a Staples, Inc. Affiliate is Fair to Shareholders

    NEW YORK, Sept. 14, 2018-- The following statement is being issued by Levi & Korsinsky, LLP:. To: All Persons or Entities who purchased Essendant Inc. stock prior to September 14, 2018. You are hereby ...

  • PR Newswire4 days ago

    Staples To Acquire Essendant For $12.80 Per Share In Cash

    The transaction follows the determination by Essendant's Board of Directors, after consultation with Essendant's legal and financial advisors, that the Staples proposal constituted a "Superior Proposal" as defined in Essendant's previously announced merger agreement to combine with Genuine Parts Company's (GPC) ("GPC") S.P. Richards business (the "S.P. Richards agreement").  Consistent with that determination, and following the expiration of the three-day waiting period during which GPC did not propose any amendments to the S.P. Richards agreement, Essendant terminated that agreement.  In connection with the termination, GPC is entitled to a $12 million break-up fee, which Staples is paying as part of its agreement with Essendant. "We are excited about the opportunity to move forward with this agreement, and to work with the Essendant team to complete the partnership of these two great companies, which will ultimately deliver significant value to independent resellers and end customers across the U.S.," Staples said.

  • GlobeNewswire5 days ago

    UPDATE -- Pzena Investment Management Opposes Staples’s Acquisition of Essendant

    NEW YORK, Sept. 13, 2018-- As Essendant’ s largest shareholder, Pzena Investment Management believes that the proposal from Staples to acquire Essendant at $12.80 a share does not constitute a superior ...

  • Genuine Parts Company Comments On Notification From Essendant; Continues To Believe S.P. Richards Merger Agreement With Essendant Remains Superior
    PR Newswire8 days ago

    Genuine Parts Company Comments On Notification From Essendant; Continues To Believe S.P. Richards Merger Agreement With Essendant Remains Superior

    ATLANTA, Sept. 10, 2018 /PRNewswire/ -- Genuine Parts Company (GPC) ("GPC") today announced that it has received notice from Essendant (ESND) of its intent to terminate the merger agreement to combine GPC's S.P. Richards business with Essendant, entered into on April 12, 2018 (the "Merger Agreement").

  • PR Newswire8 days ago

    Essendant Board Determines Staples Offer Constitutes A "Superior Proposal" To S.P. Richards Transaction

    DEERFIELD, Ill., Sept. 10, 2018 /PRNewswire/ -- Essendant, Inc. (ESND) today announced that its Board of Directors, after consultation with Essendant's legal and financial advisors, has determined that the proposal from Staples, Inc. ("Staples") to acquire all of the outstanding shares of Essendant common stock for $12.80 per share in cash (the "Staples proposal") constitutes a "Superior Proposal" as defined in Essendant's previously announced merger agreement with Genuine Parts Company (GPC) ("GPC"). Staples previously submitted an unsolicited offer on April 17, 2018, which it reaffirmed on September 4, 2018, to acquire all of the outstanding shares of Essendant common stock for $11.50 per share in cash.

  • PR Newswire13 days ago

    Essendant Acknowledges Receipt Of Letter From Staples

    DEERFIELD, Ill., Sept. 5, 2018 /PRNewswire/ -- Essendant, Inc. (ESND) today acknowledged receipt of a letter from Staples, Inc., including Staples' reiteration of its proposal to acquire Essendant for $11.50 per share in cash. The Essendant Board of Directors, in consultation with its legal and financial advisors and consistent with its fiduciary duties, is reviewing the letter and other materials filed earlier by Staples with the Securities and Exchange Commission. As previously announced, Essendant and Genuine Parts Company (GPC) ("GPC") entered into a definitive merger agreement on April 12, 2018, in which Essendant agreed to combine with GPC's S.P. Richards business.

  • PR Newswirelast month

    Essendant Comments on Disclosure from Staples

    DEERFIELD, Ill., Aug. 13, 2018 /PRNewswire/ -- Essendant, Inc. (ESND) today issued the following comment in response to Staples Inc.'s ("Staples") letter to the company and subsequent Form 13D/A filed publicly with the Securities and Exchange Commission ("SEC") on August 13, 2018. Essendant's second quarter performance demonstrates that the company's actions to evolve its business and support customers in the face of a rapidly changing landscape are producing results. The Essendant Board and management team are confident that bringing together the complementary strengths of Essendant and S.P. Richards will accelerate those efforts by creating a combined company with greater scale, expanded service capabilities and an enhanced ability to help customers compete while delivering compelling value to stockholders.

  • ACCESSWIRE2 months ago

    Essendant Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / July 27, 2018 / Essendant Inc. (NASDAQ: ESND ) will be discussing their earnings results in their Q2 Earnings Call to be held on July 27, 2018 at 8:30 AM Eastern Time. To listen ...

  • PR Newswire2 months ago

    Essendant Reports Second Quarter 2018 Results

    DEERFIELD, Ill. , July 26, 2018 /PRNewswire/ -- Essendant Inc. (NASDAQ: ESND), a leading national distributor of workplace items, today announced financial results for the second quarter ended June 30, ...

  • PR Newswire2 months ago

    Essendant's Board Declares Regular Dividend

    DEERFIELD, Ill. , July 26, 2018 /PRNewswire/ -- Essendant Inc. (NASDAQ: ESND) announced that on July 25, 2018 its board of directors declared a $0.14 per share dividend payable on October 15, 2018 to stockholders ...

  • ACCESSWIRE2 months ago

    Free Technical Reports on Constellation Brands and Three Additional Consumer Goods Equities

    WallStEquities.com has initiated research reports on the following Consumer Goods stocks: Diageo PLC (NYSE: DEO), Constellation Brands Inc. (NYSE: STZ), Avery Dennison Corp. (NYSE: AVY), and Essendant Inc. (NASDAQ: ESND). London, the UK headquartered Diageo PLC's stock finished Monday's session 1.15% lower at $149.34 with a total trading volume of 476,153 shares, which was higher than their three months average volume 379.34 thousand shares.

  • ACCESSWIRE3 months ago

    Free Pre-Market Technical Recap on Avery Dennison and Three Additional Business Equipment Stocks

    WallStEquities.com draws attention to the Business Equipment industry, which provides products from many sectors for business use, including office furniture, printers, security systems, and lighting. In this morning's lineup are these four stocks: Avery Dennison Corp. (AVY), Canon Inc. (CAJ), Essendant Inc. (ESND), and Herman Miller Inc. (MLHR).All you have to do is sign up today for this free limited time offer by clicking the link below. Glendale, California headquartered Avery Dennison Corp.'s shares saw a slight decline of 0.51%, finishing Wednesday's trading session at $101.55.

  • PR Newswire3 months ago

    Essendant Provides Update On Proposed Merger With GPC's S.P. Richards Business

    DEERFIELD, Ill., June 6, 2018 /PRNewswire/ -- Essendant Inc. (ESND) today provided several updates in connection with its proposed combination with the S.P. Richards business held by Genuine Parts Company (GPC) ("GPC"). As previously announced, Essendant and GPC entered into a definitive merger agreement on April 12, 2018, in which Essendant agreed to combine with GPC's S.P. Richards business in a Reverse Morris Trust transaction.  Bringing together leadership and operational expertise from Essendant and S.P. Richards will create a company with greater scale and an enhanced ability to serve customers in the evolving business products marketplace.

  • PR Newswire4 months ago

    Essendant's Board Declares Regular Dividend

    DEERFIELD, Ill. , May 25, 2018 /PRNewswire/ -- Essendant Inc. (NASDAQ: ESND) announced that on May 24, 2018 its board of directors declared a $0.14 per share dividend payable on July 13, 2018 to stockholders ...

  • PR Newswire4 months ago

    Essendant Adopts Stockholder Rights Plan

    DEERFIELD, Ill., May 17, 2018 /PRNewswire/ -- Essendant Inc. (ESND) today announced that its Board of Directors has adopted a stockholder rights plan (the "Rights Plan"). The Rights Plan does not prevent any action the Board determines to be in the best interest of the Company and its stockholders and is structured such that it will not be triggered by the definitive merger agreement to combine the Company and the S.P. Richards business of Genuine Parts Company, announced on April 12, 2018.

  • Genuine Parts Company Comments On Definitive Merger Agreement With Essendant Following Staples' Conditional, Non-Binding Proposal To Acquire Essendant
    PR Newswire4 months ago

    Genuine Parts Company Comments On Definitive Merger Agreement With Essendant Following Staples' Conditional, Non-Binding Proposal To Acquire Essendant

    ATLANTA, May 16, 2018 /PRNewswire/ -- Genuine Parts Company (GPC) ("GPC") today commented on its previously announced definitive merger agreement (the "Merger Agreement") to combine GPC's S.P. Richards business (the "Business Products Group") with Essendant (ESND) in response to the announcement of Staples, Inc.'s conditional, non-binding proposal to acquire Essendant for $11.50 per share in cash. Staples is privately owned by Sycamore Partners, which filed a Schedule 13D reporting its acquisition of a 9.9% ownership stake in Essendant.

  • PR Newswire4 months ago

    Essendant Confirms Receipt Of Two Proposals: An Unsolicited All-Cash Offer From Staples, Inc. And A Contingent Cash Payment From Genuine Parts Company As An Enhancement To The Agreed Upon Merger

    DEERFIELD, Ill., May 16, 2018 /PRNewswire/ -- Essendant Inc. (ESND) today confirmed that it received an unsolicited proposal from Staples, Inc. to acquire all shares of Essendant stock for $11.50 per share in cash. Essendant's confirmation follows today's Schedule 13D filing with the U.S. Securities and Exchange Commission by Staples, Inc., Sycamore Partners and certain affiliates disclosing a 9.9% ownership stake in Essendant.  Staples is a portfolio company of Sycamore Partners.

  • PR Newswire5 months ago

    Essendant Reports First Quarter 2018 Results

    DEERFIELD, Ill. , April 25, 2018 /PRNewswire/ -- Essendant Inc. (NASDAQ: ESND), a leading national distributor of workplace items, today announced financial results for the first quarter ended March 31, ...

  • ACCESSWIRE5 months ago

    Blog Exposure - Genuine Parts Co. Divests Office Products Business, S.P. Richards; Merging Divested Company with Essendant

    LONDON, UK / ACCESSWIRE / April 16, 2018 / Active-Investors.com has just released a free research report on Genuine Parts Co. (NYSE: GPC ) ("GPC"). If you want access to this report all you need ...