Another bad merger on the horizon? Staples trying to buy Office Depot
The New York Times is reporting that Staples is in “advanced talks” to buy Office Depot, which merged with rival OfficeMax less than two years ago. An attempt by Staples to acquire Office Depot in the 1990s was nixed after antitrust concerns were raised. The two companies combined have around 4,400 stores and annual sales of $34 billion.