Staples to buy Office Depot – There’s about to be one game in town when it comes to office supplies.

Posted on February 4, 2015February 5, 2015 by 21cpw

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…

American Postal Workers Union to “Vigorously Oppose” Staples/Office Depot Merger

Posted on February 4, 2015February 4, 2015 by 21cpw

For Immediate Release – 02/04/2015 Washington – The American Postal Workers Union announced today that the 200,000–member organization will “vigorously oppose” the merger between Staples and Office Depot. “We will urge the Department of Justice and the Federal Trade Commission to block this monopolistic and unlawful merger now, just as they did 17 years ago,”…