OfficeMax, Office Depot Discuss Merger
NEW YORK CITY-Office supply giants OfficeMax and Office Depot are in advanced discussions to merge the two companies.
The merger deal is said to be a stock-for-stock transaction, reports the Wall Street Journal.
Office Depot, based in Boca Raton, FL and OfficeMax, which is headquartered in Naperville, IL, have each suffered from falling sales due to the struggling economy and increased online competition. …
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