Featured Article
What is Supply Market Intelligence?
A Word from our Partner
Higher Expectations,
Fewer Resources;
Is There a Silver Lining?
Market Forces
Consumer-Directed Health Plan Growth Levels Off Among Employers
Patient Protection Act
or Patent Protection Act?
Energy Update:
Natural Gas Prices, and Electric
Customer Switching Statistics
Sourcing Operations
Update
Sourcing Project Updates
Member Spotlight
Steven Hughes,
Vertis Communications
Contract Spotlight
Three Fastest-Growing Contracts
Networking & Events
Mid-Year Review
and Supplier Showcase Recap
Corporate United 2008
Supplier of the Year
In The News
Arslanian and Goldford
Join Corporate United
Corporate United Named
to Inc. 5000 List
Office Products Industry News:
Staples Buys Corporate Express
Eaton Named to List of Most Ethical Companies
Member Feedback
Member Advisory Board
Meeting Notes
Office Products Industry News: Staples Buys Corporate Express
Staples completed a bid in July to buy Corporate Express NV on June 11, 2008. The deal became final when Staples increased its all-cash bid from 19.14 euros per share to 19.25, totaling 1.7 billion euros ($2.65 billion). By increasing the bid, Staples turned the takeover from hostile to friendly, avoiding significant turnover in the management of Corporate Express. The combined companies have annual revenue of $27 billion and more than 94,000 employees in 28 countries.
