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Feb 18 - OfficeMax & Office Depot In talks to merge


 Feb 18 - OfficeMax & Office Depot In talks to merge
topic by Skratch - 02-18-2013, 12:44 PM - Boxden > BX Daily Bugle - news and headlines



OfficeMax Inc. OMX -1.29% and Office Depot Inc. ODP +2.00% are in advanced talks to merge, people familiar with the matter said, as the retailers of pens, paper and desks try to f!ght off tougher competition from rivals like Staples Inc. SPLS +0.54% and Amazon.com Inc. AMZN -1.54%

The deal is expected to be stock-for-stock, though precise terms couldn't be learned, including what percentage of the merged group shareholders of each company would own. The deal isn't yet done, and talks could still fall apart. But an announcement could come as early as this week, the people said.

A deal would combine two companies that have been hammered in recent years by weak economic conditions, falling sales and rising online competition. Office Depot's market value is just $1.3 billion, and OfficeMax's is about $933 million.
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13 comments for "Feb 18 - OfficeMax & Office Depot In talks to merge"


 02-19-2013, 09:42 PMaway - #2
TheChief 11 heat pts11

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I always thought they were the same company
 02-19-2013, 11:53 PMonline - #3
WCIB 93 heat pts93

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Originally Posted by TheChief
I always thought they were the same company
Lol. Didn't take long!

Same here. As a matter of fact, I thought OfficeMax was on offshoot of Office Depot...
 02-20-2013, 12:28 AMaway - #4
fuck_the_east 

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always thought they were the same !!
 02-20-2013, 01:09 AMaway - #5
Armen87 109 heat pts109

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stupid !!ing stores, how are they still in business? and i haven't seen an office max in a long time
 02-20-2013, 01:43 AMaway - #6
Bkjj11 153 heat pts153

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I thought u couldn't go wrong going to either one lol
 02-20-2013, 01:46 AMaway - #7
voewyd 10 heat pts10

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expensive as !! but they got anything you need for office supplies
 02-20-2013, 01:54 AMonline - #8
WADECOUNTY 265 heat pts265

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Well thiss is gonna help
 02-20-2013, 02:07 AMonline - #9
Deuterion 1 heat pts

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Originally Posted by TheChief
I always thought they were the same company
I started calling them MaxDepot since I would always call one the other.
 02-20-2013, 08:49 AMaway - #10
datVAkid 34 heat pts34

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Now if they get staples on board... Max Office Staples Depot...

imagine all the !! u can staple at that store my niccaz
 02-20-2013, 08:53 AMaway - #11
Tastemaker331 19 heat pts19

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lol @ OfficeMax
this doesnt have !! to do with the thread, but I worked there for a few years during undergrad
!! was mad fun
and they had this little program that let you get discounts for bringing in ink cartirdges
me and my co-workers took advantage of that !! and ended up getting hundreds of dollars in "free" !! (office supplies, routers, computer software, furniture, speakers)
we're the reason that they had to get rid of that program. we !!ed it up for everyone nationwide
 02-20-2013, 09:46 AMaway - #12
Claudinho69 1 heat pts

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whats with all these merge of the same field, that was illegal? but 0 !!s givin i guess
 02-20-2013, 11:25 AMaway - #13
Jae_Mike 9 heat pts

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Originally Posted by TheChief
I always thought they were the same company
 02-20-2013, 11:45 AMaway - #14
Skratch 28 heat pts28

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Originally Posted by ErnieB
lol @ OfficeMax
this doesnt have !! to do with the thread, but I worked there for a few years during undergrad
!! was mad fun
and they had this little program that let you get discounts for bringing in ink cartirdges
me and my co-workers took advantage of that !! and ended up getting hundreds of dollars in "free" !! (office supplies, routers, computer software, furniture, speakers)
we're the reason that they had to get rid of that program. we !!ed it up for everyone nationwide
i worked there, !! was wack as !!, quit in 1 month, i think it was the one i was at though and the managers, i was the only nicca there and managers were on my !! heavy and everyday i had to stock shelves while helping customers, i was slow af too one day this !! a$s manager gonna tell me to put all the ink in the display thing and order it, then got nerve to tell me to hurry up n!!, like nicca this is 100+ ink cartigredges, if u thinki u can do a better job then u do that !!, that was my first real job too
 
 


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