Staples Inc., will have to do more to reduce opposition to the government against the proposed acquisition of Office Depot Inc .. after the US rejected the last attempt to win antitrust approval.
Staples proposal to transfer commercial contracts worth up to $ 1.250 billion compared with $ 500 million earlier, but still failed to influence antitrust officials said in a statement on Monday.
Shares of Staples almost unchanged at $ 9.39 .. The price attempted to break Slynn line of support.
CCI levels of -176, a signal that the market has reached bottom
RSi levels of 23, it is possible to reverse trenda1
Staples said in his statement that he was ready to continue negotiations with the Federal Trade Commission to achieve an agreement.
E.Dimitrov JrTrader
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