Office Depot | featured news

Office Depot Inc. and OfficeMax have agreed to merge in an all-stock deal that would transform the $21.2 billion office supply retail sector. U.S.-based Office Depot Inc. and OfficeMax say holders of OfficeMax shares will receive 2.69 shares of Office Depot for every OfficeMax share they own.

Office Depot Inc , the No.2 U.S. office supply retailer, is in advanced talks to merge with smaller rival OfficeMax Inc and a deal could come as early as this week, a person familiar with the matter said on Monday.

AmazonSupply is a new Amazon initiative that will attempt to capture a portion of the commercial business with a powerful assortment of anything from materials and metal wires to office and janitorial supplies. Prices are low and shipping will be free on orders over $50.