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Slide #8. Office Depot — OfficeMax
Acquirer:
Office Depot (NASDAQ:ODP)
Acquiree:
OfficeMax
Details:
Office Depot, Inc. and OfficeMax Incorporated today announced the completion of their merger of equals, creating a stronger, more competitive and more efficient global provider of office products, services and solutions. The combined company will use the name Office Depot, Inc. and will trade on the New York Stock Exchange under the symbol ODP.
Office Depot is a provider of business services and supplies, products and technology solutions to small, medium and enterprise businesses. Co. has three reportable segments (Divisions): Business Solutions Division, which provides its customers with nationally branded as well as its private branded office supply products and services; Retail Division, which markets an assortment of merchandise through its chain of retail stores; and CompuCom Division, which provides a range of solutions including technology lifecycle management, end user computing and collaboration, service desk, remote technology monitoring and management, and IT workforce solutions.
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![]() Sell (1.00 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: ODP Stock Forecast Based on Zacks ABR data; powered by Xignite ![]() |
