Speculation Swirls around Staples/Office Depot Merger


Share prices yo-yoed while analyst speculation covered the map this week around the proposed merger of office-supplies giants Staples and Office Depot.On June 19, Staples announced that Office Depot shareholders had “overwhelmingly approved” the firm’s acquisition by Staples. On Tuesday, June 23, at nearly double its typical trading volume, Office Depot (ODP) shares rose 0.32

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