Office Depot, the shrinking retailer, is considering a merger with OfficeMax, a rival that’s also struggling.
The Wall Street Journal reported the talks today, citing unnamed sources. Neither company would comment on the report.
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Office supplies merger?
Office Depot (NYSE: ODP)
Headquarters: Boca Raton
Sales: $10.8 billion
OfficeMax (NYSE: OMX)
Headquarters: Naperville, Ill.
Sales: $7 billion