Staples to buy Office Depot – There’s about to be one game in town when it comes to office supplies.
Staples (SPLS) announced Wednesday it intends to buy rival Office Depot (ODP) in a $6.3 billion deal, betting that the key to higher profits is operating on an even larger scale. That’s the same calculation Office Depot made not long ago, when it bought OfficeMax. “Office Depot will make Staples bigger, and most importantly, we…