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Tuesday, February 19, 2013

Takeover Digest - Wall Street Journal - Feb 19, (NASDAQ: AMZN), (NYSE: ODP), (NASDAQ: SPLS)

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * BP already has agreed to pay more than $30 billion in fines, settlements and cleanup costs for the 2010 Deepwater Horizon explosion and oil spill. Now it is placing a big bet that by going to trial next week, it can hold down the cost of one of its last major potential liabilities for the disaster.* OfficeMax Inc and Office Depot Inc are in advanced talks to merge, people familiar with the matter said, as the retailers of pens, paper and desks try to fight off tougher competition from rivals like Staples Inc and Amazon.com Inc

Amazon.com, Inc. (Amazon.com) serves consumers through its retail Websites and focuses on selection, price, and convenience. Shares of AMZN remained unchanged at $265.09. In the past year, the shares have traded as low as $176.50 and as high as $284.72. On average, 3599800 shares of AMZN exchange hands on a given day and today's volume is recorded at 0.

Office Depot, Inc. (Office Depot) is a global supplier of office products and services. Shares of ODP remained unchanged at $4.59. In the past year, the shares have traded as low as $1.51 and as high as $4.87. On average, 5126880 shares of ODP exchange hands on a given day and today's volume is recorded at 0.

Staples, Inc. (Staples) is an office products company. Shares of SPLS remained unchanged at $12.95. In the past year, the shares have traded as low as $10.57 and as high as $16.93. On average, 10718400 shares of SPLS exchange hands on a given day and today's volume is recorded at 0.



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