ESND - Essendant Inc.

YHD - YHD Delayed Price. Currency in USD
At close: 6:07PM EDT
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  • Moody's

    Staples, Inc. -- Moody's affirms Staples B1 CFR; assigns ratings to proposed refinancing

    Moody's Investors Service ("Moody's") today affirmed Staples, Inc.'s B1 Corporate Family Rating and B1-PD Probability of Default ratings. Moody's also assigned a B1 rating to the company's proposed $3.2 billion seven year senior secured term loan, a B1 rating to its proposed $750 million seven year senior secured notes, and a B3 rating to its proposed $1.375 billion eight year senior unsecured notes.

  • PR Newswire

    Staples Successfully Completes Tender Offer for Outstanding Shares of Essendant

    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.

  • PR Newswire

    Caesars Entertainment Set to Join S&P MidCap 400; Conn's and Dril-Quip to Join S&P SmallCap 600; "New" Fox Continues in S&P 500

    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 : ...

  • U.S. FTC approves Staples' acquisition of Essendant with conditions
    Reuters

    U.S. FTC approves Staples' acquisition of Essendant with conditions

    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 ...

  • PR Newswire

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

    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.