Date: Wednesday April 2, 2008 02:39:10 pm
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Staples secures funds to pursue Corporate Express
Staples
Inc. announced Tuesday that it has obtained the $3 billion needed to
purchase Corporate Express NV, a business-to-business supplier of
office and computer products.Lehman Brothers Inc., Bank of America
Corp. and HSBC Bank USA have arranged the deal’s financing.The
development will enable Staples to proceed with its previously
announced public offer for all the outstanding stock in Corporate
Express .Staples, based in Framigham, Mass., has about 76,000 workers
worldwide
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