Office supply chains Office Depot (ODP) and OfficeMax (OMX) are racing higher in premarket...

|About: Office Depot Inc. (ODP)|By:, SA News Editor

Office supply chains Office Depot (ODP) and OfficeMax (OMX) are racing higher in premarket trading, up 7.1% and 6.9% respectively, after both companies managed to control costs enough to beat estimates in Q3. The underlying current that a OMX-ODP merger makes sense is still in play despite the efforts of OfficeMax to erect a takeover defense. Staples (SPLS) isn't missing out on the fun altogether, adding 2.2% premarket after landing what could end up becoming an interesting deal with Amazon.