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Essendant Acknowledges Receipt Of Letter From Staples


Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - Essendant Inc ::ESSENDANT ACKNOWLEDGES RECEIPT OF LETTER FROM STAPLES.ESSENDANT - ACKNOWLEDGED RECEIPT OF LETTER FROM STAPLES, INCLUDING STAPLES' REITERATION OF ITS PROPOSAL TO ACQUIRE CO FOR $11.50 PER SHARE IN CASH.ESSENDANT - BOARD IN CONSULTATION WITH LEGAL, FINANCIAL ADVISORS IS REVIEWING LETTER, OTHER MATERIALS FILED BY STAPLES WITH SEC.ESSENDANT - BOARD HAS NOT CHANGED ITS RECOMMENDATION THAT CO'S SHAREHOLDERS VOTE IN FAVOR OF TRANSACTION WITH GENUINE PARTS COMPANY. 

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