Office Depot Merger

Shares of Office Depot Inc (NASDAQ: ODP) were trading lower by 0.6 percent Tuesday morning after the company reported first quarter results and provided an update on its pending merger with Staples, Inc. (NASDAQ: SPLS) Office Depot said it earned $0.10 per share in the first quarter on revenue...

Shares of Office Depot Inc (NASDAQ: ODP) have fallen significantly from mid-year highs due to continued uncertainty regarding its planned acquisition by Staples, Inc. (NASDAQ: SPLS). In a report published Monday, B. Riley analyst Scott Tilghman argued that "it is unlikely" that the...