OfficeMax and Office Depot may join forces

02/18/2013 | Wall Street Journal, The

OfficeMax and Office Depot are reportedly in advanced talks to 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.

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