Office supplies marketer Staples Inc., Westborough, MA, has filed with the Securities and Exchange Commission for the sale of 11.1 million shares held by the Miller family, former owners of Quill Corp., which Staples acquired in May 1998, according to wire service reports.
The registration statement also covers 1.67 million Miller family shares subject to an option granted to the underwriters to cover over-allotments in the offering. Staples won’t get any proceeds from the offering, which is being managed by Morgan Stanley Dean Witter & Co. and Goldman, Sachs & Co.
Staples bought closely held Quill for about $690 million in stock.
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