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Essendant Inc (ESND.OQ)

ESND.OQ on NASDAQ Stock Exchange Global Select Market

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20 Jul 2018
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Thu, May 17 2018

BRIEF-Genuine Parts Comments On Merger Agreement With Essendant Following Staples' Proposal

* GENUINE PARTS COMPANY COMMENTS ON DEFINITIVE MERGER AGREEMENT WITH ESSENDANT FOLLOWING STAPLES' CONDITIONAL, NON-BINDING PROPOSAL TO ACQUIRE ESSENDANT

BRIEF-Essendant Confirms Proposals From Staples, Genuine Parts Co

* ESSENDANT CONFIRMS RECEIPT OF TWO PROPOSALS: AN UNSOLICITED ALL-CASH OFFER FROM STAPLES, INC. AND A CONTINGENT CASH PAYMENT FROM GENUINE PARTS COMPANY AS AN ENHANCEMENT TO THE AGREED UPON MERGER

BRIEF-Staples Says Proposed To Buy Essendant For $11.50/Share In Cash

* STAPLES SAYS ON APRIL 17, SENT LETTER TO ESSENDANT EXPRESSING INTEREST IN DISCUSSIONS REGARDING PROPOSAL TO ACQUIRE ALL REMAINING STOCK OF CO NOT OWNED BY STAPLES

BRIEF-Essendant Q1 Adjusted Loss Per Share $0.12

* CONFIDENT WILL DELIVER MORE THAN HALF OF OUR EXPECTED COST SAVINGS IN 2018

BRIEF-Essendant Reports Q1 GAAP Loss Per Share Of $1.40

* CONFIDENT WILL DELIVER MORE THAN HALF OF OUR EXPECTED COST SAVINGS IN 2018

Genuine Parts to merge S.P. Richards business with Essendant

Genuine Parts Co said on Thursday it would spin off its wholesale distribution business S.P. Richards and merge it with Essendant in a tax-free transaction for shareholders, as it focuses on its industrial and auto parts businesses.

UPDATE 2-Genuine Parts to merge S.P. Richards business with Essendant

April 12 Genuine Parts Co said on Thursday it would spin off its wholesale distribution business S.P. Richards and merge it with Essendant in a tax-free transaction for shareholders, as it focuses on its industrial and auto parts businesses.

BRIEF-Genuine Parts Says Essendant Must Pay Termination Fee Of $12 Mln Under Certain Circumstances

* IF DEAL TERMINATED BECAUSE APPROVAL IS NOT OBTAINED AT ESSENDANT STOCKHOLDER MEETING, ESSENDANT TO REIMBURSE CO FOR EXPENSES UP TO $3 MILLION

CORRECTED-UPDATE 1-Genuine Parts to merge S.P. Richards business with Essendant

April 12 Genuine Parts Co said on Thursday it would spin off its wholesale distribution business S.P. Richards into a separate company and merge it with peer Essendant in a deal structured as a Reverse Morris Trust.

CORRECTED-Genuine Parts to spin off business to merge with Essendant

April 12 Genuine Parts Co said it would spin off its wholesale distribution business S.P. Richards into a separate company and merge it with office furniture distributor Essendant in a deal structured as a Reverse Morris Trust.

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