OfficeMax and Office Depot to join forces

02/18/2013 | Reuters · SCT Newswire

OfficeMax and Office Depot will merge in a stock-for-stock deal that would better position both brands to compete with rivals including Staples and Amazon. Office Depot operates 1,675 stores around the globe, and OfficeMax has 900 stores in the U.S. and Mexico; combined, the retailers employ about 68,000 workers. The deal reportedly may result in some store closures.

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Reuters · SCT Newswire

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