September 22, 2025
Willkie is representing long-standing client Atlas Holdings in the acquisition of The ODP Corporation (NASDAQ:ODP), a leading provider of products, services and technology solutions to businesses and consumers, in an all-cash transaction that values The ODP Corporation at approximately $1 billion.
On September 22, The ODP Corporation announced that it entered into a definitive agreement to be acquired by an affiliate of Atlas Holdings, which owns and operates a global family of manufacturing and distribution businesses, for $28 per share in cash. The purchase price represents a premium of 34% to The ODP Corporation’s closing share price on September 19, 2025, valuing The ODP Corporation at approximately $1 billion.
Upon completion of the transaction, The ODP Corporation, whose operating companies include ODP Business Solutions, LLC, Office Depot, LLC, and Veyer, LLC, will become a privately held company, and shares of common stock will no longer be listed on the NASDAQ stock exchange.
Headquartered in Greenwich, Connecticut, and founded in 2002, Atlas Holdings and its affiliates own and operate 29 companies which employ more than 60,000 associates across 375 facilities worldwide.
The Willkie team was led by partners Steven Seidman, Mark Cognetti, Laura Acker and Brittany Klinger and associates Megan Goss and Nicholas DeLollo.
On September 22, The ODP Corporation announced that it entered into a definitive agreement to be acquired by an affiliate of Atlas Holdings, which owns and operates a global family of manufacturing and distribution businesses, for $28 per share in cash. The purchase price represents a premium of 34% to The ODP Corporation’s closing share price on September 19, 2025, valuing The ODP Corporation at approximately $1 billion.
Upon completion of the transaction, The ODP Corporation, whose operating companies include ODP Business Solutions, LLC, Office Depot, LLC, and Veyer, LLC, will become a privately held company, and shares of common stock will no longer be listed on the NASDAQ stock exchange.
Headquartered in Greenwich, Connecticut, and founded in 2002, Atlas Holdings and its affiliates own and operate 29 companies which employ more than 60,000 associates across 375 facilities worldwide.
The Willkie team was led by partners Steven Seidman, Mark Cognetti, Laura Acker and Brittany Klinger and associates Megan Goss and Nicholas DeLollo.
