Are Staples and Office Depot the Same?

David Miller
David Miller
• • 5 min read

On February 4, 2015, It Was Announced That Rival Staples Had Agreed to Purchase Office Depot, in a Cash and Stock Deal Worth Approximately $6.3 Billion...

Are Staples and Office Depot the Same?
On February 4, 2015, it was announced that rival Staples had agreed to purchase Office Depot, in a cash and stock deal worth approximately $6.3 billion. However, the Federal Trade Commission voted to block the merger in December 2015.

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Beside this, are Staples and OfficeMax the same company?

It was announced February 20, 2013, that OfficeMax and Office Depot would combine in an all-stock deal, creating the largest U.S. office-supplies chain. On February 4, 2015, Office Depot agreed to be acquired by rival Staples for $6.3 billion.

Also Know, is Staples now Office Depot? Staples' attempted acquisition of Office Depot is done for. Staples announced its plan to acquire Office Depot in February of 2015, for what was valued at the time to be $6.3 billion in cash and stock.

Then, is Staples or Office Depot better?

The market over the years would answer that Staples is better. They have had better revenues and profits. The numbers say consumers prefer Staples. I will bet that you see a lot more of it in an Office Depot, than you will in a Staples.

What company owns Staples?

Sycamore Partners

Related Question Answers

Are all Staples stores closing?

Those results prompted Staples (SPLS) to say it would close 70 more stores, or 4.5% of its 1,600 remaining locations, during the current fiscal year. It closed 48 stores last year and has shuttered about 350 stores over the last five years. The Limited also announced in January it would close its remaining stores.

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Can I go to Staples to print something?

With a Staples store always nearby, we're your office on the go. You're never away from the office with Copy & Print. You can access the cloud, make copies, scan documents, send faxes, shred files and use the computer rental station at a Staples location.
David Miller

David Miller

Executive Financial & Market Analyst
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David Miller brings 15 years of experience in global economics, personal finance strategy, and market dynamics. He specializes in turning complex economic trends into actionable insights for everyday readers.