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The Boston Globe


Court releases Romney’s testimony

Called as witness in 1991 lawsuit over divorce

CANTON — Mitt Romney testified under oath in 1991 that the former wife of Staples founder Tom Stemberg got a fair deal in the couple’s 1988 divorce, even though the company shares Maureen Sullivan Stemberg received were valued at a fraction of Staples’ stock price on the day of its initial public offering only a year later.

At the time the Stembergs split, Romney suggested, there was little indication Staples’ value would soon skyrocket.

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