ODP Corporation to Be Acquired by Atlas Holdings Affiliate for $28 Per Share
ODP Corporation will be acquired by ACR Ocean Resources LLC, an affiliate of Atlas Holdings, for $28 per share. The merger will result in ODP becoming a wholly owned subsidiary of ACR Ocean Resources. The agreement includes the merger of Vail Holdings 1, Inc. with ODP Corporation. Supplemental disclosures to the proxy statement provide additional transaction details and financial analysis. The original content was published via EDGAR by ODP Corporation on November 21, 2025.
ODP Corporation has entered into an agreement under which it will be acquired by ACR Ocean Resources LLC, an entity affiliated with investment funds managed by Atlas Holdings LLC. According to the company, the merger will see ODP continue as the surviving corporation and become a wholly owned subsidiary of ACR Ocean Resources. The agreement also involves the merger of Vail Holdings 1, Inc., a wholly owned subsidiary of ACR Ocean Resources, with and into ODP Corporation. The latest update includes supplemental disclosures to the proxy statement, providing additional information about the transaction background and the financial analysis used in evaluating the deal. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ODP Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-291612), on November 21, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
