NEW YORK — There are few places where evolving technology has been more disruptive than in the work place, which played out again Wednesday as Staples announced it would spend about $6 billion to buy Office Depot. Once one …
Little more than a year after the Fortune 500 company merged with OfficeMax and said it would keep its corporate headquarters in the city, Office Depot agreed Wednesday to be acquired by Staples in a $6.3 billion cash and stock
Office Depot announced a deal to merge with smaller rival OfficeMax in an all-stock deal worth about $1.2 billion. Details on the deal were limited. The companies said they expect to save $400 million to $600 million annually from the …
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 …
It also said it is cooperating with several federal agencies on the same issue and no relief claims had been made in any of those matters. Office Depot shares were down 21 cents at $1.24 on the New York Stock Exchange after trading as …
What do Apple Inc. (NASDAQ:AAPL), Facebook Inc (NASDAQ:FB) and Office Depot Inc (NYSE:ODP) have in common? I’ve used all three of these stocks in my stock replacement strategy. My stock replacement strategy is a technique I …
Depot will be buying Max for $1.17 billion in newly issued Office Depot stock, a substantial 26 percent premium over OfficeMax's current stock price. Fans of The Office have often heard the Dunder-Mifflin team bemoan the decline of the …
Investors gave Office Depot Inc.’s management a good grade on Tuesday in the wake of its November purchase of smaller rival OfficeMax. The stock most recently traded ... Partners President Craig Johnson told MarketWatch. “Virtually the …
Investors could have taken at least some historical lessons from the failed Office Depot, Inc. (NASDAQ ... have agreed to reduce the price for each share of Rite Aid common stock to be paid by Walgreens. The revised price will be a …
CHICAGO, Feb 24 (Reuters) - Office Depot Inc ODP.N posted a $1.5 billion quarterly loss as small business owners and retail shoppers cut spending sharply, and said it would seek new liquidity sources in 2009, sending its shares down …