Office Depot to acquire IT services firm for $1B

Published: 4/10/2017
Office Depot to acquire IT services firm for $1B
Source: FEEDS.BIZJOURNALS.COM

Office Depot Inc. is tapping into a $25 billion market with its $1 billion buyout of CompuCom. The Boca Raton-based company (Nasdaq: ODP) entered into an agreement to buy the Plano, Texas-based IT services provider from Thomas H. Lee Partners. The deal is expected to close by the end of 2017 and needs regulatory approval. It's not up for a shareholder vote. Office Depot is financing the deal with

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