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ODP Announces Merger Agreement with ACR Ocean Resources

Story Highlights
  • ODP Corporation will merge with ACR Ocean Resources, becoming a wholly owned subsidiary.
  • The merger agreement includes a $28.00 per share cash conversion and various conditions and covenants.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ODP Announces Merger Agreement with ACR Ocean Resources

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ODP ( (ODP) ) has provided an announcement.

On September 22, 2025, The ODP Corporation entered into a Merger Agreement with ACR Ocean Resources LLC and Vail Holdings 1, Inc., which will result in ODP becoming a wholly owned subsidiary of ACR Ocean Resources. The merger, unanimously approved by ODP’s Board of Directors, will see each share of ODP’s common stock converted into $28.00 in cash. The agreement includes various conditions and covenants, such as conducting business as usual until the merger’s effective time and holding a special meeting for stockholders to vote on the merger. Termination rights and fees are outlined, including a $36,560,000 termination fee under certain conditions. The merger is subject to regulatory approvals and other customary conditions, with an anticipated completion by June 22, 2026, extendable to December 22, 2026, if necessary.

The most recent analyst rating on (ODP) stock is a Hold with a $22.50 price target. To see the full list of analyst forecasts on ODP stock, see the ODP Stock Forecast page.

Spark’s Take on ODP Stock

According to Spark, TipRanks’ AI Analyst, ODP is a Neutral.

ODP’s overall stock score reflects a mixed financial performance with significant revenue declines and profitability challenges. Despite these issues, the company shows resilience in cash flow management and strategic execution in new market segments. Technical indicators suggest a positive trend, but valuation metrics indicate moderate attractiveness. The earnings call provided a balanced view of strengths in strategic initiatives and weaknesses in traditional revenue streams.

To see Spark’s full report on ODP stock, click here.

More about ODP

Average Trading Volume: 471,056

Technical Sentiment Signal: Sell

Current Market Cap: $626.3M

For an in-depth examination of ODP stock, go to TipRanks’ Overview page.

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