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Wednesday, February 20, 2013

BRIEF-Office Depot-OfficeMax deal talks are still ongoing, press release published as a draft, (NYSE: ODP)

Office Depot Inc : * OfficeMax Inc deal negotiations are ongoing--New York times, citing two people with knowledge of the matter * As of Wednesday morning, company's bankers and lawyers were still attemptingto finalize an agreement.--New York times * Earlier press release announcing deal was published as a draft, and termswere not final-nyt, citing sources

Office Depot, Inc. (Office Depot) is a global supplier of office products and services. Shares of ODP remained unchanged at $5.02. In the past year, the shares have traded as low as $1.51 and as high as $6.10. On average, 6317940 shares of ODP exchange hands on a given day and today's volume is recorded at 8196007.