Can someone in the know explain why Staples would want to buy Retail? Is it just a ploy to buy the BSD business through a "newly structured" deal?
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SP wants to buy OD as there is room for only 1 major player in the OP retail market. (B2B is a bit different - governments need 2 or more players in the space for competition purposes.)
SP would then ‘rationalize’ the number of stores, and sell any real estate it can. They’d also can most of the OD head office in FL and take out the savings as ‘dividends’. But as long as OP has a B2B arm, FTC won’t let SP buy OD.