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Office Max and Office Depot to Merge

Supplies

Tried to join forces in 1997.

Office Max and Office Depot, two struggling big-box retailers, are considering joining forces. The two companies have seen their profits and market share fall in the face of relentless online competition. In 1997, the two companies tried to merge, only to see their deal scuppered by the federal anti-trust police. With the retail landscape having changed so much in the past 16 years, it’s likely the Feds wouldn’t object to a deal.

Read it at The Wall Street Journal