CANTON, Mass. (AP) – In newly unsealed testimony related to Staples founder Tom Stemberg’s divorce, Republican presidential candidate Mitt Romney says he was initially skeptical of the idea for Staples, the office supply chain he lauds as a business success story that he helped create.
Romney also acknowledged in testimony in Massachusetts probate court in 1991 that he and other Staples directors created a special class of company stock for Stemberg’s then-wife as a “favor” to Stemberg.