Business

摘要

Staples agreed to buy Office Depot in a $6.3 billion transaction that will combine America's two biggest retailers of stationery and office equipment. A previous attempt to merge in 1997 was thwarted by antitrust regulators, but that was before Amazon, Walmart and others increased competition in the industry. Office Depot acquired OfficeMax, a smaller rival, in 2013. An activist hedge fund with stakes in both Staples and Office Depot had pressed the companies to make a deal.