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 …
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 …
Shares of Office Depot Inc. tumbled 7.7 percent yesterday after a Wall Street analyst cut the investment rating and earnings estimate on the discount retailer of office supplies. Amy Ryan, an analyst with Prudential Securities, said the …
Savvy customers sip on coffee while surrounded by the latest gadgets. They surf the Internet on laptops or tablets, check out some new headphones or ponder their next electronic purchases in a soothing, relaxed manner. Office Depot's …
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 …
NEW YORK (AP) - Office Depot Inc. said Wednesday it will buy OfficeMax in an all-stock deal that would transform the office-supply retail sector. Boca Raton, Fla.-based Office Depot Inc. and Naperville, Ill.-based OfficeMax said holders …
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. On …
Confirming media speculation, office supplies retailers Staples Inc. (SPLS) and Office Depot, Inc. (ODP) Wednesday said they have entered into a definitive agreement for Staples to acquire all outstanding shares of Office Depot in a cash …
Office Depot's share price took a beating Tuesday, sinking by nearly a third after it reported preliminary second-quarter sales and earnings were worse than forecast. The announcement sent shares down $3.29, or 32 percent, to close at …