Staples could start buying CE shares

Ron Sargent, the CEO of Staples spoke with the press today and indicated the company could start buying shares in CE. He did not disclose whether Staples has already been buying, but we will not be surprised if they were part of the action yesterday. There are more interesting pieces of information in this article on CNN Money. One of them is the statement by Mr. Sargent that he is not aware of the report that CE would open their books for Staples. We mentioned this in an earlier post today. "Those reports came from unconfirmed sources, unknown to us," Mr. Sargent said. (end of post)