Framingham, Mass. & Boca Raton, Fla. — Staples, Inc. and Office Depot, Inc. intend to waive the merger agreement termination date of February 4, 2016, and extend it to May 16, 2016.
merger
Cincinnati and Milwaukee — The Kroger Co. and Roundy’s, Inc. have formed a definitive merger agreement under which Kroger will purchase all outstanding shares of Roundy’s. The Midwest grocer will expand Kroger’s footprint with a complementary base of 151 stores and 101 pharmacies in new markets.
Charlotte, N.C. — Belk, Inc., the nation’s largest family owned and operated fashion department store company, has entered into a definitive merger agreement whereby investment funds managed by New York-based private equity firm Sycamore Partners will acquire 100% of Belk in a $3 billion transaction.