- Reuters, Friday, December 12, 2014 9 AM
Activist investor Starboard Value wants office-supply chains Staples Inc and Office Depot Inc to merge, per sources. Starboard has a 5.1% stake in Staples and boosted its holdings
in Office Depot to nearly 10%. Analysts have said a combination of the top two U.S. stationery retailers would help them fend off intense competition from online retailers such as Amazon.com Inc and
big-box chains such as Wal-Mart Stores Inc that sell the same merchandise for less.
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