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Office Depots parent, ODP, has concluded that a sale of its retail and consumer-facing e-commerce operations to Staples or a joint venture is preferable to a full takeover, according to a letter reviewed by The Wall Street Journal.
ownership changes
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New approach to semiconductors, developed partly with the Pentagons backing, could threaten Intel and Arms dominance.
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The biggest U.S. tech companies are major tenants and acquirers of office and other space; they have expanded their real-estate footprint by more than a quarter this year.
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The financial-technology company part-owned by Alibaba Group is set to raise at least $34.4 billion through dual listings in Shanghai and Hong Kong.