Office Depot, Inc. ODP reported better-than-expected earnings for the third consecutive quarter, when the company came out with first-quarter 2017 numbers. This followed strategic measures the office supplies retailer has undertaken to bring …
The transaction values Office Depot at $11 per share, which is based on Staples’ Monday closing stock price — the last trading day before initial reports of a buyout began to leak. The companies put the deal’s equity value at $6.3 billion.
The estimated $400-million project involves redeveloping the site where a former …
DELRAY BEACH — Office Depot Inc., a chain of office products superstores, Wednesday announced that its board of directors has declared a three-for-two stock split of its common stock in the form of a stock dividend to holders of …
Office Depot Inc. /quotes/zigman/236952 /quotes/nls ... sales in an increasingly competitive and changing industry, the two retailers in February announced their merger in a stock deal valued at about $1.19 billion.
Office Depot Inc. and Office Max Inc. have agreed to merge in a $1.17 billion stock transfer, the companies announced Wednesday, ending nearly two hours of confusion about whether a deal had been reached. Officials at Naperville-based …
Office Depot Inc. is buying smaller rival OfficeMax Inc. in what it's calling a "merger of equals," creating a heftier office-supply company to challenge industry leader Staples Inc. In the $1.2-billion all-stock deal, OfficeMax shareholders will …
NEW YORK — Office Depot and OfficeMax are being collated. The retailers said Wednesday they have agreed to combine in an all-stock deal worth about $1.2 billion that would transform the office-supply retail sector by helping the …
The rapidly changing tools of the workplace and the way we shop has led to another major consolidation in the retail office supply business, as Staples announced the $6 billion acquisition of rival Office Depot. The cash-and-stock deal comes …