Office Depot announced a restructuring plan Friday that includes closing stores and laying off about 13,100 employees by 2023, according to the company's SEC filings. (Reuters) - Office supplies retailer Staples on Monday offered to buy Office Depot owner ODP Corp for $2.1 billion in cash, the retail giant's third attempt to take over its smaller rival. Staples is looking to purchase competitor Office Depot – again. Another well-known US independent office products dealer has been acquired by The ODP Corporation (Office Depot) as part of its federation strategy. For more information, visit news.theodpcorp.com and follow @officedepot on Facebook, Twitter and Instagram. Office Depot's stock was up 15% to $2.53 a share ahead of the Thursday market open. Staples just made its latest takeover bid for Office Depot — and it’s hoping the third time’s a charm. ... news, analysis, information and networking. Dear Office Depot I am now getting payed minimum wage and not above that to be a sales associate, with that I have to deal with shitty customers and a manager that is a dickhead, I will be here for one more month and use this job as experience, this is due to the lack of pay and the lack of your corporation giving a shit about its employees, Office Depot continues to … Shareholders seemed to respond positively to the news. The company was founded on June 9, 2020 and is headquartered in Boca Raton, FL. Gerry P. Smith Ceo It operates through the following brands: Office Depot, OfficeMax, CompuCom, and Grabnd&Toy. Find the latest news headlines from The ODP Corporation Common Stock (ODP) at Nasdaq.com. On Monday, Staples sent Office Depot's board of directors a proposal to acquire "100% of … First-quarter sales for the Boca Raton, Florida-based company the fell 2 percent to $2.8 billion, Business Insider reported. US dealer joins Office Depot fold. 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