B Riley & Co's Scott Tilghman: Little Concern From FTC On Merging Office Supplies Retailers

Loading...
Loading...

Scott Tilghman, B Riley & Co analyst, told Benzinga that there would probably be no regulatory issues with a merger between Staples, Inc. SPLS and Office Depot Inc ODP.

“If we go back to what was published by the FTC in November of a year ago, we see that from a retail standpoint, there’s very little concern with regard to putting the different companies together,” he said.

Tilghman explained that the FTC sees a competitive landscape for the sector with no single dominant player that includes a mix of brick-and-mortar, online and regional stores.

Market News and Data brought to you by Benzinga APIs
Posted In: Analyst ColorExclusivesB Riley & Cooffice suppliesScott TilghmanStaplesStarboard Value
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...