Announced
Financials
Sources
Tags
Canada
Acquisition
Spin Off
Specialty Retailers
Single Bidder
office supplies
Majority
Friendly
Cross Border
Private Equity
Failed
Public
Synopsis
ODP, a company providing business services, products, and digital workplace technology solutions, terminated its spin-off of Grand & Toy, a Canadian office supplies retailer, and its business solutions division. The company's board unanimously determined it would be in the best interests of the company and shareholders not to divest the consumer business at this time, ODP said.
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