Key Developments For Staples, Inc.
Staples, Inc. (SPLS.O) (Nasdaq)
Eolas Technologies Inc. Files Infringement Lawsuit Against Staples, Inc. And Others
Eolas Technologies Inc. announced a Texas federal lawsuit filed to assert the company's intellectual property rights based on two patents, including one that has passed two separate reexaminations at the United States Patent and Trademark Office (USPTO) and resulted in a $565 million federal court judgment in 2004. The lawsuit, filed in the U.S. District Court for the Eastern District of Texas, includes claims related to two Eolas patents, U.S. Patent No. 5,838,906 (906 Patent) and U.S. Patent No. 7,599,985 (985 Patent). The companies named as defendants include Adobe Systems, Amazon.com; Apple Inc.; Argosy Publishing Inc.; Blockbuster Inc. ; CDW Corp.; Citigroup Inc.; eBay Inc.; Frito-Lay Inc. (a subsidiary of Purchase, New York-based PepsiCo Inc.; The Go Daddy Group Inc.; Google Inc.; J.C. Penney Co. Inc.; JPMorgan Chase & Co.; New Frontier Media Inc.; Office Depot Inc.; Perot Systems Corp.; Playboy Enterprises International Inc.; Rent-A-Center Inc.; Staples, Inc.; Sun Microsystems Inc.; Texas Instruments Inc. ; Yahoo! Inc.; and YouTube LLC, a subsidiary of Google Inc.
Staples, Inc. Announces Third Quarter 2009 Cash Dividend
Staples, Inc. announced that it has declared a quarterly cash dividend on Staples, Inc. common stock of $0.0825 per share. The dividend is payable on October 15, 2009, to shareholders of record on September 25, 2009.
Staples, Inc. Announces Second Quarter 2009 Cash Dividend
Staples, Inc. announced that its Board of Directors has declared a quarterly cash dividend on Staples, Inc. common stock of $0.0825 per share. The dividend is payable on July 16, 2009, to shareholders of record on June 26, 2009.
Staples, Inc. Announces Pricing of Senior Notes Offering
Staples, Inc. announced that it has priced a previously announced public offering of $500 million of its senior notes, at 7.75% coupon, due April 1, 2011. The offering is expected to close on March 27, 2009, subject to customary closing conditions. Staples expects to receive net proceeds, afterunderwriting fees and expenses, of approximately $497.5 million. The proceeds from the public offering will be used to repay Staples` outstanding debt related to its commercial paper program, as well as for general corporate purposes.
Staples, Inc. Announces Proposed Public Offering Of Senior Notes
Staples, Inc. announced the proposed public offering of its senior notes. The public offering will be made pursuant to an effective shelf registration statement on file with the U.S. Securities and Exchange Commission. The proceeds from the proposed public offering will be used to repay its outstanding debt related to its commercial paper program, as well as for general corporate purposes.
