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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 02-18-2013, 12:44 PMJoined Mar 2011 - 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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The Following BX resident gave props to Skratch (Sent To 9,528 Subscribers)  HOT TOPIC  (02-19-2013)

13 comments for "Feb 18 - OfficeMax & Office Depot In talks to merge"

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Unread 02-19-2013, 09:42 PMJoined Feb 2005 - away - #2
TheChief 14 heat pts14 space
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I always thought they were the same company
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Unread 02-19-2013, 11:53 PMJoined Nov 2005 - away - #3
WCIB 96 heat pts96 space
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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...
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Unread 02-20-2013, 12:28 AMJoined Feb 2004 - away - #4
fuck_the_east  space
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always thought they were the same sh*t
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Unread 02-20-2013, 01:09 AMJoined Oct 2006 - 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 02-20-2013, 01:43 AMJoined Aug 2007 - away - #6
Bkjj11 601 heat pts601 space
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I thought u couldn't go wrong going to either one lol
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Unread 02-20-2013, 01:46 AMJoined Feb 2004 - away - #7
Silver N Black 15 heat pts15 space
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expensive as fu*k but they got anything you need for office supplies
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Unread 02-20-2013, 01:54 AMJoined Apr 2012 - away - #8
SHADOW 316 heat pts316 space
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Well thiss is gonna help
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Unread 02-20-2013, 02:07 AMJoined Dec 2011 - away - #9
Deuterion 1 heat pts space
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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.
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Unread 02-20-2013, 08:49 AMJoined Mar 2006 - 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 02-20-2013, 08:53 AMJoined Jun 2004 - away - #11
Tastemaker331 29 heat pts29 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 02-20-2013, 09:46 AMJoined Sep 2004 - 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 02-20-2013, 11:25 AMJoined Jun 2007 - away - #13
Jae_Mike 14 heat pts14 space
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Originally Posted by TheChief
I always thought they were the same company
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Unread 02-20-2013, 11:45 AMJoined Mar 2011 - away - #14
Skratch 28 heat pts28 space
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Originally Posted by ErnieB
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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