Tag: ODP

CEO Roland Smith, Office Depot, Insider Buys $230,500 thousand of Shares on March 12, 2014

Roland Smith, CEO of Office Depot, bought 50,000 shares of Office Depot (Stock Symbol: ODP) at $4.61 per share for a total amount of $230,500 thousand on March 12, 2014. Continue reading CEO Roland Smith, Office Depot, Insider Buys $230,500 thousand of Shares on March 12, 2014

Office Depot, OfficeMax close to get FTC Approval for the Proposed Merger

The Wall Street Journal said that office product retailers, OfficeMax (NYSE: OMX) and Office Depot (NYSE: ODP) were likely to receive the Federal Trade Commission’s approval for a proposed merger. The Journal said that the proposed merger of the United States’ second and third largest office product retailers will not harm the competitive landscape of the industry. Sources familiar with the matter said that the regulatory authority will not ask the merged entity to make divestures. In February, Office Depot announced that it intends to buy OfficeMax in an all-stock deal valued at $976 million.

Major Movers on February 19; ODP, OMX, SPLS, HUM, SPWR, GIS

Shares of office supplies companies Office Depot Inc. (NYSE: ODP), OfficeMax Incorporated (NYSE: OMX) and Staples Inc. (NASDAQ: SPLS) are seeing a huge rally in trading today after the Wall Street Journal reported that OMX and ODP are close to merging.

Continue reading Major Movers on February 19; ODP, OMX, SPLS, HUM, SPWR, GIS