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Federal Judge Blocks Staples-Office Depot Merger

WASHINGTON—A sovereign decider on Tuesday blocked a designed partnership of rivals Staples Inc. and Office Depot Inc. since of antitrust concerns, call a office-supply companies to contend they would desert a roughly $6 billion deal.

U.S. District Judge Emmet G. Sullivan sided with a Federal Trade Commission, that in a Dec lawsuit purported a multiple of a bureau superstores would lead to aloft prices for large…

Article source: http://www.wsj.com/articles/federal-judge-blocks-staples-office-depot-merger-1462920789

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