Office Depot, OfficeMax in talks to merge; deal seen soon
NEW YORK (Reuters) – Office Depot Inc , the No.2 U.S. office supply retailer, is in advanced talks to merge with smaller rival OfficeMax Inc and a deal could come as early as this week, a person familiar with the matter said on Monday. Both companies, which trail industry leader St aples Inc , are under much pressure from investors to boost profitability as well as shareholder value, and a merger would help them to cut costs, close stores and boost their clout with suppliers. …
NY television anchor accused of choking wife, CBS financial news anchor, at their Conn. home
DARIEN, Conn. – A New York television news anchor has been accused of choking his wife at their Connecticut home and threatening her even after police arrested him.
New Zealand plans law that would force tobacco companies to sell cigarettes in logo-free packs
WELLINGTON, New Zealand – Strict against smoking already, New Zealand plans to make tobacco companies remove their logos from cigarette packs but will wait until a challenge to Australian legislation is resolved.
Monday, February 18, 2013
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