Office depot

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According to published reports late Monday (Feb. 18th, 2013), two of the biggest players in the retail office supply business are in talks to merge. Talks between OfficeMax and Office Depot are at an advanced stage and an announcement of the merger could come this week. (via @USA TODAY; photo: Jeff Chiu/AP) Retail Office, Financial Advisory, Office Depot, Capital Market, Office Max, Board Of Directors, Previous Year, Top News, Usa Today

According to published reports late Monday (Feb. 18th, 2013), two of the biggest players in the retail office supply business are in talks to merge. Talks between OfficeMax and Office Depot are at an advanced stage and an announcement of the merger could come this week. (via @USA TODAY; photo: Jeff Chiu/AP)

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FILE - In this May 17, 2011 file photo, a Staples sign is displayed on the front of a Staple store, in Portland, Ore. Staples says it will shutter 225 North American stores, about 10 percent of Staples Inc.'s worldwide total of 2,200, by the end of 2015, and the office-supply retailer has started a plan to save about $500 million annually. (AP Photo/Rick Bowmer, File) Office Supplies Design, Office Necessities, Target Deals, Get Bent, Retail Solutions, Store Hacks, Office Supply Organization, Postal Worker, Are You Serious

Eighteen years after first attempting a merger, Staples and Office Depot are finally getting their wish: they are combining to form one giant office supply chain. The two companies -- whose shares surged in Tuesday trading on rumors of an imminent deal -- confirmed Wednesday morning that Staples will acquire Office Depot in a deal worth more than $6 billion.

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