staples to buy office depot

Staples merger represents change for retail real estate market

Big news in the commercial real estate market: the office stationery retail business won’t be the same. In a deal announced on February 4, 2015, Staples will acquire Office Depot in a $6.3 billion deal. The businesses currently rank #1 and #2, respectively, in the office supplies market. The office supply retail market has undertaken several transformations over the years and this deal represents a...

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