Advertisement
YOU ARE HERE: LAT HomeCollectionsCorporate Express Inc
IN THE NEWS

Corporate Express Inc

FEATURED ARTICLES
BUSINESS
July 14, 1999 | Bloomberg News
Buhrmann, Europe's biggest paper merchant, agreed to buy Corporate Express Inc. of the U.S. for $1.1 billion, or $9.70 a share, to become the world's biggest distributor of corporate office products. The Dutch company also will assume $1.2 billion in debt in the deal. The combined entity will have annual sales of $9 billion and generate cost savings of $100 million a year.
ARTICLES BY DATE
BUSINESS
February 20, 2008 | From the Associated Press
Corporate Express on Tuesday swiftly rejected an unsolicited $3.67-billion buyout offer from Staples Inc. as too low, but some analysts expect the strategic advantages of combining the two office products suppliers will yield an eventual agreement. Staples disclosed Tuesday that it had offered to pay a hefty premium in an all-cash bid for Corporate Express -- a proposal that sent the Netherlands-based wholesaler's U.S. shares up nearly 39%.
Advertisement
BUSINESS
January 8, 1996 | Times Staff and Wire Reports
Corporate Express, U.S. Delivery Announce Merger: Corporate Express Inc. said it will buy U.S. Delivery Systems Inc. for $410 million in stock, creating a new company with $1.6 billion in revenue that will sell and deliver office supplies. Broomfield, Colo.-based Corporate Express, which sells office products and services to large corporations, said it would exchange each U.S. Delivery share for 1.2 of its own shares. Houston-based U.S.
BUSINESS
July 14, 1999 | Bloomberg News
Buhrmann, Europe's biggest paper merchant, agreed to buy Corporate Express Inc. of the U.S. for $1.1 billion, or $9.70 a share, to become the world's biggest distributor of corporate office products. The Dutch company also will assume $1.2 billion in debt in the deal. The combined entity will have annual sales of $9 billion and generate cost savings of $100 million a year.
BUSINESS
February 20, 2008 | From the Associated Press
Corporate Express on Tuesday swiftly rejected an unsolicited $3.67-billion buyout offer from Staples Inc. as too low, but some analysts expect the strategic advantages of combining the two office products suppliers will yield an eventual agreement. Staples disclosed Tuesday that it had offered to pay a hefty premium in an all-cash bid for Corporate Express -- a proposal that sent the Netherlands-based wholesaler's U.S. shares up nearly 39%.
BUSINESS
March 6, 2001 | Bloomberg News
U.S. Office Products Co., owner of Mail Boxes Etc., said it is selling most of its major assets and is filing for bankruptcy protection because of crushing debt and increased competition. The company will sell its North American units for $400 million, including reorganization costs, to Corporate Express Inc., a unit of Amsterdam-based Buhrmann, the world's largest distributor of office supplies. Office Products said Friday that it will sell Mail Boxes Etc. to United Parcel Service Inc.
BUSINESS
January 8, 1996 | Times Staff and Wire Reports
Corporate Express, U.S. Delivery Announce Merger: Corporate Express Inc. said it will buy U.S. Delivery Systems Inc. for $410 million in stock, creating a new company with $1.6 billion in revenue that will sell and deliver office supplies. Broomfield, Colo.-based Corporate Express, which sells office products and services to large corporations, said it would exchange each U.S. Delivery share for 1.2 of its own shares. Houston-based U.S.
Los Angeles Times Articles
|