FTC Rejects Staples' $6.3B Takeover Of Office Depot
The FTC hinted in early December that the deal might not be approved because of antitrust concerns.By Matt Moreno | December 21, 2015
Staples' acquisition of Office Depot might be in jeopardy after the Federal Trade Commission rejected the company's latest offer.
Staples agreed to buy Office Depot for $6.3 billion in February 2015, but it still needed federal antitrust approval. (Video via Office Depot)