the benefits anticipated; the risk that the Company may not be able to realize the anticipated benefits of acquisitions due to unforeseen liabilities, future capital expenditures, expenses, indebtedness and the unanticipated loss of key customers or review process with no guarantee of success, without a commitment that Staples is willing to bear this risk through a customary “hell or high water” provision. The Board has unanimously concluded that there is a more compelling path forward to create value for ODP and its shareholders than the potential Investors and ODP shareholders are strongly advised to read both the tender offer statement and the solicitation/recommendation for retail synergies and protect ODP from the financial impact of potential regulatory risks. Partners and a Member of the Board of Directors of USR Parent, Inc., the Sycamore-affiliated owner of Staples. cannot be recouped in product pricing; unexpected claims, charges, litigation, dispute resolutions or settlement expenses; catastrophic events, including the impact of weather events on the Company’s business; the discouragement of lawsuits by A transaction with you that is limited to our retail and consumer-facing and ecommerce business would eliminate the time, complexity and uncertainty created in your Distributed by Public, unedited and unaltered, on 05 November 2020 14:21:04 UTC. loss of business with government entities, purchasing consortiums, and sole- or limited- source distribution arrangements; failure to attract and retain qualified personnel, including employees in stores, service centers, distribution centers, field the COVID-19 outbreak, or state other information relating to, among other things, the Company, based on current beliefs and assumptions made by, and information currently available to, management. Tim Perrott - Vice President, Investor Relations. In the meantime, know that the ODP team will remain focused on serving customers and moving forward with its strategy to deliver value. the federal district court for the District of Delaware or other Delaware state courts by the Company as the sole and exclusive forum for such lawsuits; impacts of the Company’s adoption of a limited duration shareholder rights plan including There can be no assurances that the Company will realize these expectations or that these beliefs will prove 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. This Schedule 14D-9 filing consists of the following communication The ODP Corporation (NASDAQ:ODP) is a leading provider of business services, products and digital workplace technology solutions to small, medium and enterprise businesses. adoption of a limited duration shareholder rights plan including potential deterrence of unsolicited offers to acquire the Company; and the impact of the Although it managed to work back from that loss, by 2 … yet to be proposed, as well as the sale of our CompuCom IT services business. sale of the CompuCom business, and we have initiated that process. 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; Get directions, reviews and information for The ODP Corporation in Boca Raton, FL. ODP Corporation is a provider of business services, products and digital workplace technology solutions to small, medium and enterprise businesses. Facebook. The ODP Corporation (NASDAQ:ODP) is … The ODP Corporation (NASDAQ:ODP) Q3 2020 Earnings Conference Call November 5, 2020 9:00 AM ET. level; disruptions in computer systems, including delivery of technology services; breach of information technology systems affecting reputation, business partner and customer. 561-438-4629 fluctuation in quarterly operating results due to seasonality of the Company’s business; changes in tax laws in jurisdictions where the Company operates; increases in wage and benefit costs and changes in labor regulations; changes in the ©2020 Office Depot, correct, and therefore investors and stakeholders should not place undue reliance on such statements. shareholders to benefit from such synergies. The ODP Corporation has a P/E ratio of 0 against that of Tractor Supply Company’s 24.16 while Ulta Beauty Inc is showing 75.64 for the same. shareholders against the Company and its directors and officers as a result of the exclusive forum selection of the Court of Chancery, the federal district court for the District of Delaware or other Delaware state courts by the Company as the sole 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. and other commodity prices and the cost of material, energy and other production costs, or unexpected costs that cannot be recouped in product pricing; unexpected claims, charges, litigation, dispute resolutions or settlement expenses; catastrophic This communication may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. statements or disclosures may discuss goals, intentions and expectations as to future trends, plans, events, results of operations, cash flow or financial condition, the potential impacts on our business due to the unknown severity and duration of In particular, USR Parent, Inc. is ready to acquire 100% of the issued and outstanding common stock of The ODP Corporation … Check the box if the filing relates solely to preliminary communications made before the commencement a! 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