Staples acquires PNI Digital Media

Staples Inc. acquired all the issued and outstanding common shares of PNI Digital Media Inc. for $1.70 per share, totaling approximately $74.1 million in aggregate, pursuant to a plan of arrangement under the Business Corporations Act (British Columbia).

Staples Inc. was represented in-house with a team led by Jason Ellis and Mark Weiss and by Stikeman Elliott LLP with a team including Donald Belovich, Paul Rakowski and Kristina Vranjkovic (M&A), John Lorito and Katy Pitch (Tax), Michael Kilby (Competition), Kelly O'Ferrall and William Hockin (Employment).

PNI Digital was represented by McMillan LLP with a team including Cory Kent, Amandeep Sandhu, David Andrews and Andjela Vukobrat (securities); Peter Botz (tax) and Herbert Ono (US securities).


Donald G. Belovich Cory H. Kent John G. Lorito Paul Rakowski Amandeep Sandhu Kelly O'Ferrall Katy Pitch Peter Botz Herbert I. Ono Michael Kilby