Sycamore Partners intends to split Staples Inc. into three to help fund its $6.9 billion purchase of the office-supply seller, in another sign of the challenges facing the retail industry.
NYS Entity Status
NYS Filing Date
NOVEMBER 08, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - BUSINESS SELLERS INC.
AROUND THE WEB
- Sycamore Plans to Split Staples into Three
Thursday Jun 29, 2017
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Wednesday Jul 12, 2017
HP Inc. has taken back the crown from rival Lenovo Group Ltd. as the top seller of personal computers, ending the Chinese company’s four-year reign, according to data from research firm Gartner.
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Sunday Aug 20, 2017
Amazon.com Inc. is joining a host of online sellers shaking up the roughly $130 billion market for industrial parts used by plumbers, electricians and manufacturers.
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The move reflects a changing business in which traditional food magazines, and a Manhattan address, are less important.
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iPhone maker’s highly cyclical business draws more short sellers looking for a peak.
- Publisher Tronc acquires Daily News, storied NY tabloid
By JENNIFER PELTZ, Associated Press - Monday Sep 4, 2017
NEW YORK (AP) — Newspaper publisher Tronc has acquired the Daily News, a storied New York tabloid newspaper that won a Pulitzer Prize this year but has been buffeted by the changing media environment.Chicago-based Tronc Inc., the publisher of the Los Angeles Times and the Chicago Tribune, announced the deal Monday night, and the Daily News posted a story on its website.Tronc CEO Justin Dearborn said acquiring the paper and its popular website would "provide us with another strategic platform for growing our digital business, expanding our reach and broadening our services for advertisers and marketers," and both Tronc and Daily News executives said the company would maintain the quality of the paper's journalism.