THE proposed merger of Office Depot and OfficeMax has received clearance from the US Federal Trade Commission, removing a key regulatory hurdle from the process.
The office supply companies agreed to a $US1.2 billion ($A1.27 billion) combination in February.
The agency said its 7-month investigation showed that the merger isn't likely to cause competitive harm.
The companies said on Friday that they expect the transaction to close on Tuesday.
Office Depot Inc, based in Boca Raton, Florida, runs more than 1,300 stores worldwide.
OfficeMax Inc of Naperville, Illinois, operates more than 900 stores in the US and Mexico.
They each anticipate reporting their third-quarter earnings on Monday.
Office Depot's stock gained 21 US cents, or 3.8 per cent, to $US5.80 in morning trading.
Shares of OfficeMax rose 64 US cents, or 4.3 per cent, to $US15.62.
Anda sedang membaca artikel tentang
US Office Depot, OfficeMax merger cleared
Dengan url
http://petanidollarindo.blogspot.com/2013/11/us-office-depot-officemax-merger-cleared.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
US Office Depot, OfficeMax merger cleared
namun jangan lupa untuk meletakkan link
US Office Depot, OfficeMax merger cleared
sebagai sumbernya
0 komentar:
Posting Komentar