The ODP Corporation replaces Office Depot, Inc. as the public company trading on Nasdaq under the ticker symbol “ODP”. tender offer. Instead of this approach, ODP is pursuing a comprehensive strategy that we believe can deliver The ODP Corporation will webcast a call with financial analysts and investors that day at 9:00 am Eastern Time which will also be accessible to the media and general public. Business Already Underway as a Result of Strategic Review Announced in November, Reaffirms Focus on B2B Operations and Other Growth The Board has unanimously concluded that there is a more compelling path forward to create value for ODP and its shareholders than the potential We continue to implement our “Maximize B2B” restructuring plan, which is already delivering results, driving growth, achieving cost savings and paving the way for future. strategic review of that business that we announced in November. “outlook,” “intend,” “may,” “possible,” “potential,” “predict,” “project,” “propose” or other similar words, phrases or expressions, or other variations of such words. For more information, visit news.theodpcorp.com and investor.theodpcorp.com. yet been commenced. The ODP Corporation [ODP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 16.88. The ODP Corporation replaces Office Depot, Inc. as the public company trading on Nasdaq under the ticker symbol — ODP. The ODP Corporation 6600 N Military Trl Boca Raton FL 33496. Facebook. of The ODP Corporation (“ODP”) has carefully reviewed and considered USR Parent, Inc.’s (“Staples”) January 11, 2021 proposal to acquire 100% of ODP’s issued and outstanding common stock for $40.00 per share in relationships and operations and resulting in high costs; unanticipated downturns in business relationships with customers or terms with the suppliers, third-party vendors and business partners; such as “anticipate,” “believe,” “plan,” “could,” “estimate,” “expect,” “forecast,” “guidance,” (NASDAQ:ODP) is a leading provider of business services and supplies, products and digital workplace technology solutions to small, medium and enterprise businesses, through an integrated business-to-business (B2B) distribution platform, which includes world-class supply chain and distribution operations, dedicated sales professionals and technicians, online presence, and approximately 1,200 execute both the Business Acceleration Program and the Maximize B2B Restructuring Plan successfully or that such program and plan will not result in the benefits anticipated; failure to effectively manage the Company’s real estate portfolio; Although it managed to work back from that loss, by 2 … Shares of office supply and service provider The ODP Corporation , formerly known as Office Depot, fell as much as 10% on Aug. 5. Find the latest The ODP Corporation (ODP) stock quote, history, news and other vital information to help you with your stock trading and investing. level; disruptions in computer systems, including delivery of technology services; breach of information technology systems affecting reputation, business partner and customer relationships and operations and resulting in high costs; unanticipated Moving forward with the process for the sale of CompuCom, which we have already initiated as a result of the Though both of these options require regulatory approval, we believe the regulatory risk of pursuing a proposal by the need to identify a suitable third-party buyer willing to acquire the B2B Business on terms that would be mutually acceptable to our respective companies. Executive Vice President, Chief Legal & Administrative Officer . services, on trade and transport restrictions and generally on our ability to effectively manage the impacts of the COVID-19 pandemic on our business operations.

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