The commission has reason to believe that the proposed merger between Staples and Office Depot is likely to eliminate beneficial competition that large companies rely on to reduce the costs of office supplies.
I'd like to thank Row, Basil, and Raul for their commitment and many contributions to Staples, With over 50 years of combined service on our Board, their dedication and expertise has been invaluable.
Supervalu is one of the most cheaply valued of all consumer staples public companies despite significant, tangible advantages, especially in relation to its direct competitors.
