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Mergers News

BRIEF-Genuine Parts Comments On Merger Agreement With Essendant Following Staples' Proposal

May 16 (Reuters) - Genuine Parts Co:

* GENUINE PARTS COMPANY COMMENTS ON DEFINITIVE MERGER AGREEMENT WITH ESSENDANT FOLLOWING STAPLES’ CONDITIONAL, NON-BINDING PROPOSAL TO ACQUIRE ESSENDANT

* GENUINE PARTS - “DO NOT BELIEVE STAPLES’ CONDITIONAL, NON-BINDING PROPOSAL TO ACQUIRE ESSENDANT FOR $11.50 PER SHARE IN CASH TO BE A SUPERIOR PROPOSAL” Source text for Eikon: Further company coverage:

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