real-time news and commentary for investors
Thursday, Sep 12
dealReporter: Staples lining up to buy divested ODP and OMX stores
- Staples (SPLS -0.1%) could be lining up to snap up stores that regulators force Office Depot and OfficeMax to divest if dealReporter is correct.
- Though stores with square footage of over 30K are outside of Staples' new comfort zone, getting the ODP-OMX merger over the last hurdle could be in the best interest of the company.