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Feb 18 - OfficeMax & Office Depot In talks to merge

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 Feb 18 - OfficeMax & Office Depot In talks to merge
Unread 2 years agoclass of '11 - away - #1
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Skratch 28 heat pts28 space
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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"

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Unread 2 years agoclass of '05 - away - #2
TheChief 15 heat pts15 space
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I always thought they were the same company
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Unread 2 years agoclass of '05 - away - #3
WCIB 96 heat pts96 space
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TheChief said:
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...
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Unread 2 years agoclass of '04 - away - #4
fuck_the_east  space
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always thought they were the same sh*t
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Unread 2 years agoclass of '06 - away - #5
Armen87 118 heat pts118 space
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stupid fu*king stores, how are they still in business? and i haven't seen an office max in a long time
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Unread 2 years agoclass of '07 - away - #6
Bkjj11 633 heat pts633 space
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I thought u couldn't go wrong going to either one lol
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Unread 2 years agoclass of '04 - away - #7
Silver N Black 17 heat pts17 space
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expensive as fu*k but they got anything you need for office supplies
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Unread 2 years agoclass of '12 - away - #8
SHADOW 318 heat pts318 space
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Well thiss is gonna help
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Unread 2 years agoclass of '11 - away - #9
Deuterion 1 heat pts space
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TheChief said:
I always thought they were the same company
I started calling them MaxDepot since I would always call one the other.
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Unread 2 years agoclass of '06 - away - #10
datVAkid 34 heat pts34 space
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Now if they get staples on board... Max Office Staples Depot...

imagine all the sh*t u can staple at that store my n*ggaz
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Unread 2 years agoclass of '04 - away - #11
Tastemaker331 31 heat pts31 space
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lol @ OfficeMax
this doesnt have sh*t to do with the thread, but I worked there for a few years during undergrad
sh*t 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 sh*t and ended up getting hundreds of dollars in "free" sh*t (office supplies, routers, computer software, furniture, speakers)
we're the reason that they had to get rid of that program. we fu*ked it up for everyone nationwide
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Unread 2 years agoclass of '04 - away - #12
Claudinho69 1 heat pts space
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whats with all these merge of the same field, that was illegal? but 0 fu*ks givin i guess
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Unread 2 years agoclass of '07 - away - #13
Jae_Mike 14 heat pts14 space
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TheChief said:
I always thought they were the same company
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Unread 2 years agoclass of '11 - away - #14
Skratch 28 heat pts28 space
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ErnieB said:
lol @ OfficeMax
this doesnt have sh*t to do with the thread, but I worked there for a few years during undergrad
sh*t 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 sh*t and ended up getting hundreds of dollars in "free" sh*t (office supplies, routers, computer software, furniture, speakers)
we're the reason that they had to get rid of that program. we fu*ked it up for everyone nationwide
i worked there, sh*t was wack as fu*k, quit in 1 month, i think it was the one i was at though and the managers, i was the only n*gga there and managers were on my d!ck heavy and everyday i had to stock shelves while helping customers, i was slow af too one day this bi*ch a.ss 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 nsh*t, like n*gga this is 100+ ink cartigredges, if u thinki u can do a better job then u do that sh*t, that was my first real job too
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