|Bid||0.00 x 2900|
|Ask||0.00 x 1000|
|Day's Range||12.79 - 12.81|
|52 Week Range||7.20 - 17.09|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 19, 2019 - Feb 25, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||12.00|
FRAMINGHAM, Mass. and DEERFIELD, Ill., Jan. 31, 2019 /PRNewswire/ -- Staples, Inc. ("Staples") and Essendant Inc. (ESND) ("Essendant") today announced the successful completion of the previously announced tender offer by Egg Merger Sub Inc. ("Egg Merger Sub") and Egg Parent Inc. ("Egg Parent"), affiliates of Staples, to acquire all outstanding shares of Essendant common stock at a purchase price of $12.80 per share, net to the seller in cash, without interest, subject to any deduction or withholding of taxes required by applicable law.
WASHINGTON—A new-look Federal Trade Commission saw its first partisan split in a merger case late Monday, with a Republican majority allowing office-supply giant Staples Inc. to acquire office-supply wholesaler Essendant Inc. over Democratic objections that the FTC should do more to stop questionable deals. The sparring over the $483 million transaction revealed some of the early political contours of a commission whose five leadership positions all turned over last year. The FTC’s two new Democrats suggested that their GOP counterparts were being too cautious—and too credulous in accepting companies’ arguments about mergers producing more efficient firms. Andrew Harrer/Bloomberg News FTC Chairman Joseph Simons is a Republican and longtime antitrust lawyer.
NEW YORK , Jan. 29, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Monday, February 4 : ...
Staples, which is owned by private-equity firm Sycamore Partners, is in the process of buying Essendant for about $482.7 million. The FTC said in a complaint filed with a proposed consent agreement that the deal could have given Staples “access to commercially sensitive business information on Essendant’s reseller customers,” which could affect Staples prices.
The U.S. Federal Trade Commission said on Monday it had approved with conditions the proposed $482.7 million merger of office supply distributors Staples Inc and Essendant Inc. "Staples, which is ...
FRAMINGHAM, Mass. and DEERFIELD, Ill., Jan. 24, 2019 /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 6:00 p.m., New York City time, on January 30, 2019, 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 6:00 p.m., New York City time, on January 23, 2019. The tender offer is being made pursuant to the Merger Agreement.
NEW YORK, Jan. 04, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
NEW YORK, NY / ACCESSWIRE / December 20, 2018 / WeissLaw LLP announced that it has filed a class action on behalf of shareholders of Essendant Inc. ("ESND") (ESND) seeking to pursue remedies under the Securities Exchange Act of 1934 (the "Exchange Act") in connection with the proposed acquisition of ESND by Staples, Inc. ("Staples") (the "Proposed Transaction"). The class action was commenced in the United States District Court for the District of Delaware, Nguyen v. Essendant Inc., 18-cv-01546-MN, on behalf of all persons or entities that had purchased or otherwise acquired ESND shares as of September 14, 2018, and continue to hold shares of ESND (the "Class Period").
Pzena Investment Management leader Richard Pzena (Trades, Portfolio) disclosed on Dec. 14 he trimmed his Essendant Inc. (ESND) stake by 15.10%. Warning! GuruFocus has detected 3 Warning Signs with ESND. According to GuruFocus real-time picks, Pzena sold 589,121 shares of the Illinois-based company for an average price of $12.55 per share.
NEW YORK, Nov. 26, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
The Deerfield, Illinois-based company said it had a loss of 12 cents per share. Losses, adjusted for one-time gains and costs, came to 14 cents per share. The workplace supplies distributor posted revenue ...
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 ...
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.