Feb 18 - OfficeMax & Office Depot In talks to merge

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 fight 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.

I always thought they were the same company [pic]

I always thought they were the same company [pic]

I always thought they were the same company [pic]

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 [pic]