Staples Shares Surge After Report of Takeover Talks
Shares of Staples surged Tuesday following a report that the office supplies retailer was in talks with potential acquirers. Shares were up 12.9 percent to $9.78 in mid-morning trade after the Wall Street Journal, citing people familiar with the matter, reported that Staples had held talks with private-equity bidders. The talks are at an early … Read more