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In The News:

Essendant (United Stationers)


Essendant’s Q3 Sales Down 1.2%

Distributor says merger with Staples expected to close in the fourth quarter.
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Staples to Acquire Essendant

Essendant terminates previous agreement with Genuine Parts Co.; Staples to acquire wholesale distributor for $12.80 per share in cash.
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S.P. Richards/Essendant Merger Agreement to Terminate

GPC says it will make no counter proposals following Essendant’s notice that it received a better offer from Staples, Inc.
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Essendant Says Staples Offer Better than S.P. Richards Deal

Battle over office supplies wholesaler escalates.
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Staples Reiterates Proposal to Acquire Essendant

Essendant acknowledges latest correspondence from Staples, but says merger agreement to combine with S.P. Richards remains in place.
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Essendant’s Sales Down in Q2

Quarterly revenues fall 0.5 percent to $1.3 billion.
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Essendant Offers Update on Proposed S.P. Richards Merger

Company says merger proposal with GPC’s S.P. Richards business remains in effect, despite unsolicited offer from Staples, Inc.
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Essendant's Sales Down in Q1

Merger with S.P. Richards set to close before end of 2018.
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Essendant Sales Down 6.2% in 2017

Fourth-quarter sales down 4.5 percent year-over-year.
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Essendant Names President & CEO

Company reports third quarter earnings decreased 7 percent year-over-year.
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