Office Depot (ODP) and OfficeMax (OMX) are in talks to merge, according to The Wall Street...

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

Office Depot (ODP) and OfficeMax (OMX) are in talks to merge, according to The Wall Street Journal. If a deal gets hashed out, synergies for the combination of the two office supply retailers could be as high as $700M, which is over a third of their combined market cap.