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Essendant Inc (ESND.OQ)

ESND.OQ on NASDAQ Stock Exchange Global Select Market

9.56USD
19 Apr 2018
Change (% chg)

$-0.01 (-0.10%)
Prev Close
$9.57
Open
$9.50
Day's High
$9.74
Day's Low
$9.25
Volume
123,787
Avg. Vol
150,069
52-wk High
$18.27
52-wk Low
$7.26

Latest Key Developments (Source: Significant Developments)

Genuine Parts Says Essendant Must Pay Termination Fee Of $12 Mln Under Certain Circumstances
Thursday, 12 Apr 2018 

April 12 (Reuters) - Genuine Parts ::IF DEAL TERMINATED BECAUSE APPROVAL IS NOT OBTAINED AT ESSENDANT STOCKHOLDER MEETING, ESSENDANT TO REIMBURSE CO FOR EXPENSES UP TO $3 MILLION.DEAL WITH ESSENDANT PROVIDES ESSENDANT MUST PAY CO TERMINATION FEE OF $12 MILLION ON TERMINATION OF AGREEMENT UNDER CERTAIN CIRCUMSTANCES.  Full Article

Essendant reports Q3 GAAP loss per share $2.23
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Essendant Inc :Essendant reports third quarter 2017 results.Q3 adjusted earnings per share $0.03.Q3 GAAP loss per share $2.23.Q3 revenue fell 5.5 percent to $1.3 billion.Essendant Inc - ‍full year 2017 net sales are expected to be down 6.0 pct to 7.5 pct from prior year​.Essendant Inc - ‍range of 2017 sales decline is expected to continue to affect Q4 adjusted diluted earnings per share​.  Full Article

Essendant names Richard Phillips chief executive officer
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Essendant Inc :Essendant names Richard D. Phillips president and chief executive officer.Essendant Inc - Phillips had been serving as interim president, CEO since June; also elected to co's board and board's executive committee​.Essendant Inc - ‍board has been expanded from nine to ten members with addition of Mr. Phillips​.  Full Article

Essendant announces organizational changes
Tuesday, 16 Aug 2016 

Essendant Inc : Says business will be organized around its two primary customer channels: business & facility essentials and industrial essentials . Company to reorganize around primary channels . Harry Dochelli named president of business & facility essentials; Ric Phillips named group president of industrial essentials . Chief Operating Officer Tim Connolly to leave company .Essendant will not seek a replacement in COO role.  Full Article

Essendant's acquisition of wholesale business from Staples called off due to preliminary injunction ruling
Wednesday, 11 May 2016 

Essendant Inc : Essendant's acquisition of wholesale business from Staples called off due to preliminary injunction ruling .Disappointed that we are not able to close on transaction.  Full Article

Deals of the day-Mergers and acquisitions

April 12 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: