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The bloom is off the rose as both Office Depot (ODP -18.5%) and OfficeMax (OMX -7.8%) tumble...

  • Wednesday, February 20, 2:42 PM ET
    The bloom is off the rose as both Office Depot (ODP -18.5%) and OfficeMax (OMX -7.8%) tumble from early trading levels after the merger was announced. A conference call this morning covered a number of important financial details of the combination but here's what was missing: 1) What is the new company called? 2) Who is running the new company? 3) Where will the yet-to-be-named company run its operations from? 4) Can a board split 50-50 between OMX and ODP pedigree get things done?
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This news story has 6 comments:

  •  
    5) How long before you give up and just close shop?
    20 Feb, 04:56 PM Reply Like
  •  
    good one jay.......instructional series on how not to announce a merger...what a joke......if they cant even spin the PR properly, how can they re-invent their business to survive?
    20 Feb, 05:43 PM Reply Like
  •  
    I guess they will finally corner the market on overpriced printer/copier paper...
    20 Feb, 06:56 PM Reply Like
  •  
    More executives taking money from common shareholders...
    21 Feb, 05:14 AM Reply Like
  •  
    Judging by the traffic inside either's stores crumbling is accurate
    21 Feb, 05:31 AM Reply Like
  •  
    6) can staples buy OffDepotMax?
    21 Feb, 05:52 AM Reply Like
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