Staples And Office Depot: Second Try In A Different Climate
Staples and Office Depot announced a $6.3 billion buyout Wednesday morning, the second time the two office-supply giants have tried to merge.By Cliff Judy | February 4, 2015
Try, try again. Eighteen years after regulators shot down this same deal, Staples and Office Depot want to try a merger again in a vastly different business landscape.
News of the advanced talks first broke late Monday night into early Tuesday morning with The Wall Street Journal's sources cautioning, at the time, that a deal between the two office-supply giants was not a guarantee.