Office Depot gets $350 million invest...

Office Depot gets $350 million investment

There are 3 comments on the South Florida Sun-Sentinel story from Jun 23, 2009, titled Office Depot gets $350 million investment. In it, South Florida Sun-Sentinel reports that:

Boca Raton-based Office Depot Inc. said today that private equity firm BC Partners has made a $350 million investment through a preferred stock purchase, giving it a stake in the office supplies chain of approximately 20 percent.

Join the discussion below, or Read more at South Florida Sun-Sentinel.

Going Going Gone


#1 Jun 24, 2009
Now here’s a company on their way down. Here we are in Boca, the site of that ghastly ugly albatross of a corporate headquarters, and the local stores are the worse in the nation, if not the entire world. In keeping with the Boca theme, the clerks are rude, arrogant and indifferent. When you need $350Mil for “corporate purposes”, you are right at deaths door. Tip to all of you Boca schmoooos, buy Staples – a good Boston company. Everything in PBC stinks – so why should Office Depot be any different. Was that Odland, I saw having dinner with Robert Jaffe?

Dallas, TX

#2 Sep 18, 2009
I agree, it's only a matter of time before the hammer falls.

Tucson, AZ

#3 Oct 11, 2011
This type of house of cards creates a weak economy in the long run. It's what has got us here in this current economic climate.

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