OfficeMax and Office Depot on Hot Seat

With the premature release of a press statement today, the two companies are looking to make a deal, but no one can be sure if that deal will go through.  In this current article, from The Chicago Tribune, it si clear they are anxious  but that it is not done yet.  No details have been sent out about the merger.  Crain's Chicago Business seems to have more information regarding this merger.  Speaking of the consolidation of an industry that is over stored and consolidation can only help.  Big picture for me, is that this was an over sized industry.  And with that, there never seemed to be a competitive price move from anyone, that is why the Amazon's and WalMart's always seemed to get much of our business.

 

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