Metal shutters cover the windows and doors of a Staples Inc. store after Hurricane Florence in Wilmington, North Carolina, U.S. (Photographer: Alex Wroblewski/Bloomberg)

Sycamore Is Said to Seek $1 Billion Payout in Staples Debt Deal

(Bloomberg) -- Sycamore Partners is looking to take most of its cash out of Staples Inc. through a recapitalization that will saddle the company with roughly $1 billion of additional debt, accordin...