Comag Marketing Group, LLC

The Framingham, Massachusetts-based office supply retailer was hurt by slowing sales in the U.S.  AP via The New York Times  (Sept. 3, 2008)

Netherlands-based Corporate Express NV has agreed to be acquired by Staples Inc. for $2.7 billion, ending four-month-long courtship.  The acquisition will diversify Staples’ core retail sales business by adding Corporate Express’s more profitable delivery service agreements with mostly large corporate customers.  After the acquisition, Staples will generate more than $27 billion in annual revenue — [...]

The nation’s third-largest office supply chain, suffering from the general slow-down in consumer spending, will focus on margin and cost-management initiatives throughout the year, as part of an on-going turnaround plan put in place by chairman and ceo Sam Duncan.  The Wall Street Journal  (May 2, 2008)  Paid subscription may be required.