US: Office Depot/OfficeMax merger would signal shift in office supplies market
A planned merger of the nation’s two largest office supplies retail chains has reportedly resulted in little antitrust concerns. According to reports, Office Depot and OfficeMax are planning on merging; media outlets report that it would most likely be a stock-for-stock exchange. And according to analysts, the exchange would signal a shift in the office supplies industry, as the Federal Trade Commission prevented Office Depot and Stables from merging in 1997. In the years since, online merchants have posed new threats to the retailers. Reports are emerging that the merger is quite likely and that the parties are in “advanced” stages of the deal.
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