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Sycamore Partners announces Staples acquisition

Private equity firm Sycamore Partners has completed the $6.9 billion acquisition of office supply retailer Staples.
The announcement came Tuesday, five days after Staples shareholders agreed by a 24-to-1 margin to approve the sale, according to the company’s SEC filing.
As a result of the merger, the common stock of Framingham-based Staples will no longer be listed on Nasdaq, Sycamore Partners said.

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