Item 8.01. Other Events.

In May 2021, The ODP Corporation (the "Company") announced that its Board of Directors unanimously approved a plan to separate the Company into two independent, publicly-traded companies by means of a tax-free spin-off to the Company's shareholders. In November 2021, USR Parent, Inc., the parent company of Staples and a portfolio company of Sycamore Partners, reaffirmed its non-binding proposal to acquire the Company's consumer business for $1 billion in cash. On January 14, 2022, the Company issued a press release announcing that its Board of Directors received in December 2021 a non-binding proposal from another third party to acquire the Company's consumer business, and that the Company's Board of Directors determined to delay the previously announced public company separation to evaluate a potential sale of the Company's consumer business. A copy of the press release is attached as Exhibit 99.1 to this Current Report on 8-K and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.



(d) Exhibits:



Exhibit 99.1      Press release of The ODP Corporation, dated January 14, 2022.

Exhibit 104     Cover Page Interactive Data File - the cover page XBRL tags are
                embedded within the Inline XBRL document.




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