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Staples to buy Office Depot

submitted on February 4, 2015 by onkarkulkarni in "Stores / Merchants"
Staples has agreed to buy Office Depot for a record $6.3 Billion dollars. The deal will likely close by the end of this year.

Together, the two companies have roughly 4,000 stores and on Wednesday projected annual sales of more than $39 billion. A combination of the two likely would get a close look from antitrust regulators, who in 1997 sued successfully to block the same proposed merger, bankers and analysts have said.


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    Posted by mdshopper1 on February 4, 2015 [reply] 0 0
    i really like office depot and use that most often. i wonder if stores will close now because we have some that are only a mile or so apart from each other.
    are there ANY other office supply places left that are available for in-store purchases?
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    Posted by HouTex on February 4, 2015 [reply] 0 0
    It may not happen, since it was blocked last time before Office Depot and Office Max were merged. Here Staples has already closed most of their stores (we were surprised at that). But we noticed that Sam's Club has recently enlarged their section of office supplies.
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    Posted by laaya on February 4, 2015 [reply] 0 0
    I like Officedepot rather than Staples. Most of the Staples store are with less inventory. Evil
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    Posted by Version on February 5, 2015 [reply] 0 0
    I don't understand what's going on with these stores. Office Depot and Office Max just merged. Staples closed how many stores and now they want to buy Office Depot, I don't think it's going to happen.
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    Posted by clover on February 5, 2015 [reply] 0 0
    There are never enough employees at my Staples. If you want to check out someone from the copy center has to come over and take care of you.

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