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Staples, Office Depot in talks to transfer corporate contracts: WSJ

A general view of an Office Depot store in Los Angeles, California May 4, 2015.

Staples Inc (SPLS.O) and Office Depot Inc (ODP.O), which have agreed to merge, are in talks with wholesaler Essendant Inc (ESND.O) to transfer about $600 million of corporate contracts to satisfy U.S antitrust concerns, the Wall street Journal said.

The terms of the divestiture proposal...