Hints and tips:
...Shares in ODP, which has 1,200 stores and owns the OfficeMax chain, gained about 22 per cent in 2020....
...In 2006, OfficeMax (now part of Office Depot) produced Elf Yourself, an interactive site that allowed visitors to upload a photo of their faces on to a dancing Christmas elf....
...They were convinced that a deal would have been approved after the FTC allowed Office Depot to merge with OfficeMax, the smallest of the three players, just three years ago....
...Merger talks between Staples and Office Depot in the late 1990s collapsed despite the two offering to sell 63 of their stores to then-independent rival OfficeMax....
...The Office Depot/OfficeMax deal was a no-premium, stock-only affair, announced in early 2013....
...“There is no guarantee the FTC will clear Staples-Office Depot just because they cleared Office Depot-OfficeMax,” said Amanda Wait, an antitrust lawyer with Hunton & Williams....
...Two years ago, when it approved a merger between Office Depot and OfficeMax, number three in the market, the FTC conceded that customers now “look beyond” superstores....
...activist investor Starboard Value, which has been agitating for consolidation, but the deal will face intense regulatory scrutiny as it comes less than two years after Office Depot merged with smaller rival OfficeMax...
...The evolving position of regulators was highlighted last year when the Federal Trade Commission waved through the $1.17bn combination of Office Depot and OfficeMax, two of the US’s largest stationery suppliers...
...In an effort at nothing short of survival, Office Depot and rival OfficeMax joined forces in a merger of equals in 2013....
...The company, which continues to integrate the OfficeMax chain following its merger, reported its quarterly loss widened eightfold to $144m, or 34 cent per diluted share, in the three months to the end of...
...Rivals Office Depot and OfficeMax merged last year, but have not given a plan for their 2,200 stores globally....
...The merger of Office Depot and OfficeMax should be a match made in heaven – or at least in the purgatory where retailers brutalised by Amazon or Walmart are sent....
...Office Depot is in the midst of a merger with OfficeMax....
...The fund is voting in favour of the merger with OfficeMax....
...OfficeMax was advised by JPMorgan. Additional reporting by Anousha Sakoui in London and Stephen Foley in New York...
...The rumoured OfficeMax/Office Depot merger represents a case study in the methods of the two investors....
...The potential terms of any deal between Office Depot and OfficeMax were not clear....
...Falling sales and planned store closures at Staples underlined the pressures weighing on stationery retailers after its rivals Office Depot and OfficeMax last month announced a merger....
...On Wednesday, OfficeMax shares fell 4.4 per cent to $11.75 while Office Depot shed 4.8 per cent to $3.99....
...Share prices of office supply retailers soared after reports of a possible merger between OfficeMax and Office Depot....
...Office Depot, OfficeMax, Barnes & Noble and Best Buy have all become involved in M&A as they try to stay relevant in an economy that is both weak and increasingly digital....
...The Gap error followed confusion last month over the planned merger of Office Depot and OfficeMax after it was inadvertently announced early by a division of Thomson Reuters that manages investor relations...
...Operating margins at Office Depot are 0.7 per cent, compared with 1.9 per cent at OfficeMax and 6.4 per cent at Staples....
...(Financial Times) Office merger: According to the WSJ, OfficeMax and Office Depot are in advanced merger talks, citing people familiar with the matter....
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