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.
(Reuters) - Office Depot Inc will acquire smaller rival OfficeMax Inc in a $976 million all-stock deal, the companies said on Wednesday, confirming an agreement inadvertently announced earlier in the day, before it was completed. The …
The stock markets in the United States declined today after data showed that the growth of home prices slowed down and consumer confidence dropped. The S&P/Case Schiller Index of property values in 20 cities across the country …
Merging Staples and Office Depot is a much bigger proposition ... Shares in Staples tumbled nearly 12 percent on Wednesday, to $16.73. And Office Depot’s stock closed below the offer price, at $9.48. Even Tom Stemberg, a co …
DELRAY BEACH, Fla. -- Office Depot Inc., the world's largest office-products retailer, agreed yesterday to buy Viking …
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. …
With many chains shuttering stores by the dozens in the past year, a sign that …
NEW YORK -- Office Depot Inc. said today that it will buy OfficeMax in an all-stock deal that would transform office-supply retail sector. Boca Raton, Fla.-based Office Depot Inc. and Naperville, Ill.-based OfficeMax said holders of …
ASUS tablet fans have been eagerly awaiting the Transformer Pad Infinity TF700 ever since it was announced, bringing a full 1080p screen panel (not to mention some much-needed wireless improvements) to the company's flagship tablet …