Thursday,  December 12 , 2024

Linkedin Pinterest
News / Business / Business Briefs

Staples shares jump on media report of sale talks

By Associated Press
Published: April 4, 2017, 8:20pm

NEW YORK — Shares of Staples Inc. closed up $0.85 at $9.51 Tuesday on reports that the office supply chain is exploring a sale less than a year after it scrapped a $6.3 billion merger with rival Office Depot.

The Wall Street Journal reported that the company is in early talks with private-equity bidders. Staples said it has no comment on the report.

Support local journalism

Your tax-deductible donation to The Columbian’s Community Funded Journalism program will contribute to better local reporting on key issues, including homelessness, housing, transportation and the environment. Reporters will focus on narrative, investigative and data-driven storytelling.

Local journalism needs your help. It’s an essential part of a healthy community and a healthy democracy.

Community Funded Journalism logo
Loading...