ESND - Essendant Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
12.71
0.00 (0.00%)
At close: 4:00PM EST
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Previous Close12.71
Open12.66
Bid12.68 x 1000
Ask12.72 x 3000
Day's Range12.66 - 12.71
52 Week Range7.20 - 17.09
Volume154,913
Avg. Volume259,298
Market Cap478.427M
Beta (3Y Monthly)1.12
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.56 (4.41%)
Ex-Dividend Date2018-12-13
1y Target EstN/A
Trade prices are not sourced from all markets
All
News
Press Releases
  • PR Newswire6 days ago

    Staples and Essendant Announce Extension of Tender Offer for All Outstanding Shares of Essendant

    FRAMINGHAM, Mass. and DEERFIELD, Ill., Nov. 13, 2018 /PRNewswire/ -- Staples, Inc. ("Staples") and Essendant Inc. (ESND) ("Essendant") today announced that, pursuant to the Merger Agreement (as defined below), Egg Merger Sub Inc. ("Egg Merger Sub") and Egg Parent Inc. ("Egg Parent"), affiliates of Staples, have extended the expiration time of the previously announced tender offer for all outstanding shares of Essendant's common stock to 5:00 p.m., New York City time, on November 19, 2018, unless the tender offer is further extended in accordance with the Agreement and Plan of Merger, dated as of September 14, 2018, by and among Essendant, Staples, Egg Parent and Egg Merger Sub (the "Merger Agreement"). The tender offer was previously scheduled to expire at 5:00 p.m., New York City time, on November 12, 2018.  The tender offer is being made pursuant to the Merger Agreement.

  • PR Newswire13 days ago

    Staples and Essendant Announce Extension of Tender Offer for All Outstanding Shares of Essendant

    FRAMINGHAM, Mass. and DEERFIELD, Ill., Nov. 6, 2018 /PRNewswire/ -- Staples, Inc. ("Staples") and Essendant Inc. (ESND) ("Essendant") today announced that, pursuant to the Merger Agreement (as defined below), Egg Merger Sub Inc. ("Egg Merger Sub") and Egg Parent Inc. ("Egg Parent"), affiliates of Staples, have extended the expiration time of the previously announced tender offer for all outstanding shares of Essendant's common stock to 5:00 p.m., New York City time, on November 12, 2018, unless the tender offer is further extended in accordance with the Agreement and Plan of Merger, dated as of September 14, 2018, by and among Essendant, Staples, Egg Parent and Egg Merger Sub (the "Merger Agreement"). The tender offer was previously scheduled to expire at 5:00 p.m., New York City time, on November 5, 2018. The tender offer is being made pursuant to the Merger Agreement.

  • PR Newswire25 days ago

    Essendant Reports Third Quarter 2018 Results

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

  • PR Newswire26 days ago

    Essendant's Board Declares Regular Dividend

    DEERFIELD, Ill., Oct. 24, 2018 /PRNewswire/ -- Essendant Inc. (ESND) announced that on October 23, 2018 its board of directors declared a $0.14 per share dividend payable on January 15, 2019 (the "January Dividend") to stockholders of record at the close of business on December 14, 2018 (the "Record Date"). On September 14, 2018, Essendant entered into a definitive merger agreement with Staples and its affiliates, Egg Parent Inc. and Egg Merger Sub Inc. Pursuant to the merger agreement, Egg Merger Sub Inc. has commenced a tender offer to purchase all outstanding shares of Essendant's common stock at a purchase price of $12.80 per share, net to the seller in cash, subject to reduction for any applicable withholding taxes in respect thereof, without interest.

  • PR Newswire27 days ago

    Staples and Essendant Announce Extension of Tender Offer for All Outstanding Shares of Essendant

    FRAMINGHAM, Mass. and DEERFIELD, Ill., Oct. 23, 2018 /PRNewswire/ -- Staples, Inc. ("Staples") and Essendant Inc. (ESND) ("Essendant") today announced that, pursuant to the Merger Agreement (as defined below), Egg Merger Sub Inc. ("Egg Merger Sub") and Egg Parent Inc. ("Egg Parent"), affiliates of Staples, have extended the expiration time of the previously announced tender offer for all outstanding shares of Essendant's common stock to 5:00 p.m., New York City time, on November 5, 2018, unless the tender offer is further extended in accordance with the Agreement and Plan of Merger, dated as of September 14, 2018, by and among Essendant, Staples, Egg Parent and Egg Merger Sub (the "Merger Agreement"). The tender offer was previously scheduled to expire one minute after 11:59 p.m., New York City time, on October 22, 2018.  The tender offer is being made pursuant to the Merger Agreement.

  • PR Newswirelast month

    Essendant To Report Third Quarter 2018 Results

    DEERFIELD, Ill. , Oct. 18, 2018 /PRNewswire/ -- Essendant Inc. (NASDAQ: ESND) announced plans to report third quarter 2018 results on Thursday, October 25, 2018 , after close of market.  In connection ...

  • PR Newswirelast month

    Monteverde & Associates PC Files Class Action Lawsuit On Behalf Of Shareholders Of Essendant, Inc. In The District Of Delaware

    NEW YORK, Oct. 17, 2018 /PRNewswire/ -- Notice is hereby given that Monteverde & Associates PC has filed a class action lawsuit in the United States District Court for the District of Delaware, Case No. 1:18-CV-01506, on behalf of public common shareholders of Essendant, Inc. ("Essendant" or the "Company") (ESND) who held Essendant securities on the record date September 20, 2018 (the "Class Period"), and have been harmed by Essendant and its board of directors' (the "Board") alleged violations of Sections 14(d)(4),14(e), and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") in connection with the tender offer of Company common stock to be purchased by Staples, Inc. ("Staples") (the "Tender Offer").

  • GlobeNewswirelast month

    MERGER ALERT – IVTY, MOC and ESND: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies

    NEW YORK, Oct. 05, 2018 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.

  • GlobeNewswire2 months ago

    New Research Coverage Highlights C.H. Robinson Worldwide, Community Healthcare Trust, Essendant, Cogent Communications, EQT Midstream Partners, LP, and Stag Industrial — Consolidated Revenues, Company Growth, and Expectations for 2018

    NEW YORK, Oct. 03, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • GlobeNewswire2 months ago

    Bragar Eagel & Squire, P.C. Reminds Investors that it is Investigating the Boards of Directors of Essendant, Nexeo, and Pandora on Behalf of Stockholders and Encourages Investors to Contact the Firm

    NEW YORK, Oct. 02, 2018 -- Bragar Eagel & Squire, P.C. reminds investors that it is investigating potential claims on behalf of stockholders of Essendant Inc., Nexeo.

  • PR Newswire2 months ago

    WeissLaw LLP Investigates Essendant Inc. Acquisition

    NEW YORK , Sept. 28, 2018 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Essendant Inc. ("ESND" or ...

  • GlobeNewswire2 months ago

    Bragar Eagel & Squire, P.C. Reminds Investors that it is Investigating the Boards of Directors of Green Bancorp, Essendant, and Senomyx on Behalf of Stockholders and Encourages Investors to Contact the Firm

    NEW YORK, Sept. 24, 2018 -- Bragar Eagel & Squire, P.C. reminds investors that it is investigating potential claims on behalf of stockholders of Green Bancorp, Inc..

  • PR Newswire2 months ago

    Staples, Inc. Commences All Cash Tender Offer for All Outstanding Shares of Essendant

    FRAMINGHAM, Mass. and DEERFIELD, Ill., Sept. 24, 2018 /PRNewswire/ -- Staples, Inc. and Essendant Inc. (ESND) today announced that an affiliate of Staples has commenced the previously announced tender offer for all outstanding shares of Essendant's common stock at a purchase price of $12.80 per share, net to the seller in cash, subject to reduction for any applicable withholding taxes in respect thereof, without interest. On September 14, 2018, Essendant entered into a definitive merger agreement with Staples and its affiliates Egg Parent Inc. and Egg Merger Sub Inc., pursuant to which the tender offer is being made.

  • GlobeNewswire2 months ago

    MERGER ALERT – IVTY, EGL and ESND: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies

    NEW YORK, Sept. 21, 2018-- The following statement is being issued by Levi & Korsinsky, LLP:. Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following ...

  • ACCESSWIRE2 months ago

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

    NEW YORK, NY / ACCESSWIRE / September 20, 2018 / Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New ...

  • Business Wire2 months ago

    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.

  • GlobeNewswire2 months ago

    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 Newswire2 months ago

    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 Newswire2 months 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 ...

  • GlobeNewswire2 months 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 Newswire2 months 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.

  • GlobeNewswire2 months 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 Newswire2 months 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 Newswire2 months 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 Newswire2 months 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.