FTC Seeks Remedy for Staples-Office Depot Deal

The odds of Staples gaining regulatory clearance for its $6.3 billion purchase of rival Office Depot have improved greatly, according to a confidential report on Monday. The Federal Trade Commission (FTC) met last Friday with a large corporate customer of Staples to discuss an antitrust remedy to get the deal done, according to the report issued by Bank of America, a copy of which was obtained by The Post. The meeting indicates the FTC is interested in coming up with a solution instead of simply suing to stop the two biggest office supply retailers from merging, BofA wrote in the report, which was sent to its clients.