From the Boston Globe Business Team
Staples settles Corporate Express securities offer
July 23, 2008 01:40 PM
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Staples Inc., the Framingham office-supply company, said today that its offer for all outstanding securities of Corporate Express NV has been completed.
Staples earlier this month completed a separate offer for all outstanding shares of the Dutch office supply company Corporate Express NV and its 2 percent convertible bonds. Shareholders and bondholders had until last week to tender their shares and bonds under a post-approval period that ended last week.
Staples shares rose 32 cents to $23.66 during midday trading on the Nasdaq Stock Market. (AP)
