chief accounting officer. The hiring comes less than a month after Office Depot, fresh off completing its merger with OfficeMax , named one-time Wendy's CEO Roland Smith its new CEO. Post your comment!
Depot may realize synergies in a merger with OfficeMax , by accelerating the closure of competing ..... great deal in the aftermath of the merger with OfficeMax . We had assigned Office Depot and OfficeMax ’s previous management teams Poor and Standard
its ability to grow organically. While all three office supply superstores--Staples, Office Depot (ODP), and OfficeMax (which has merged with Office Depot)--have adjusted to the more difficult operating environment by reducing their
notches from Underperform to Buy and hikes its PT to $6.50 from $3.50. Analyst Denise Chai: "With the merger with OfficeMax completed on Nov 5 and the stock down 10% since 11/1, we are turning positive on the potential cost synergies, particularly
Office Depot ( ODP ) picks Roland Smith to be its new CEO. Smith was tapped to lead the new company formed when Office Depot and OfficeMax combined after heading up the U.S. unit of Delhaize Group. Post your comment!
pursuing outside candidates, we had expected that Neil Austrian or Ravi Saligram, the former CEOs of Office Depot and OfficeMax , respectively, would assume temporary roles to help make for a smooth transition, so we were also surprised that both
company in Illinois failed to make it to a vote in the state Senate. The higher rates in the home state for the now merged OfficeMax could tempt the new company to look to Office Depot's home state of Florida. 1 comment!
Office Depot ( ODP ) and OfficeMax ( OMX ) complete their merger of equals. The combined entity will use the name Office ..... Riley has upgraded ODP to Buy from Neutral with a PT of $7. ODP Q3 results , OMX Q3 results Post your comment!
Nov. 5, Office Depot and OfficeMax announced the merger’s completion ..... plan to drop coverage of the OfficeMax shareclass, since all of its ..... on a 2.69:1.00 ODP: OMX exchange ratio). Both firms ..... to $2.62 billion) and OfficeMax (down 4.6% to $1.66
NEW YORK (Reuters) - Office Depot Inc on Tuesday closed its deal to buy smaller rival OfficeMax Inc but both U.S. office retailers reported third-quarter results that missed Wall Street's profit targets, underscoring the challenges the combined company will face.