Judge halts $6B Staples, Office Depot merger; ODP shares plunge 27%

In March, Staples said the U.S. Federal Trade Commission' s opposition to its acquisition of Office Depot was "simply wrong" and that it did not take into account increasing competition from online retailers. Staples, the largest U.S. office supplies retailer, agreed to buy the second-biggest player, Office Depot, in a $6.3 billion deal in February of 2015, but the...