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Feb 18 - OfficeMax & Office Depot In talks to merge


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


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


 02-19-2013, 09:42 PMaway - #2
TheChief
I always thought they were the same company [pic]
 02-19-2013, 11:53 PMaway - #3
WCIB
Originally Posted by TheChief
I always thought they were the same company [pic]
Lol. Didn't take long!

Same here. As a matter of fact, I thought OfficeMax was on offshoot of Office Depot... [pic]
 02-20-2013, 12:28 AMaway - #4
fuck_the_east
always thought they were the same !!
 02-20-2013, 01:09 AMaway - #5
Armen87
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
I thought u couldn't go wrong going to either one lol
 02-20-2013, 01:46 AMaway - #7
S.TEX
expensive as !! but they got anything you need for office supplies [pic]
 02-20-2013, 01:54 AMaway - #8
WADECOUNTY
Well thiss is gonna help [pic]
 02-20-2013, 02:07 AMaway - #9
Deuterion
Originally Posted by TheChief
I always thought they were the same company [pic]
I started calling them MaxDepot since I would always call one the other.
 02-20-2013, 08:49 AMaway - #10
datVAkid
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
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]
 02-20-2013, 09:46 AMaway - #12
Claudinho69
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
Originally Posted by TheChief
I always thought they were the same company [pic]
[pic]
 02-20-2013, 11:45 AMaway - #14
Skratch
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 [pic]
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[pic] one day this !![..] 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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