Mergers
featured
*Group wants to move tax residence to UK from Italy. MILAN, May 21- Truck and tractor maker Fiat Industrial intends to move its tax residence to the UK from Italy after its planned merger with unit CNH, according to a filing with U.S. regulators, a move that would lower its tax bill.
» Read More
More
-
Feb 20- Office Depot Inc and smaller rival OfficeMax Inc will combine in a $1.2 billion all-stock deal, the companies said on Wednesday, confirming an agreement inadvertently announced earlier in the day before it was completed.
-
*Office Depot, OfficeMax confirm merger. NEW YORK, Feb 20- U.S. stocks were little changed on Wednesday after housing and inflation data pointed to a continuation of modest economic improvement and ahead of the minutes from the Federal Open Market Committee's January meeting later in the session.
-
The "Squawk on the Street" team report office supply retailers, OfficeMax and Office Depot announced an all-stock merger of equals, but neither company's current CEO has been named to lead the newly formed company.
-
A merger between Office Depot and OfficeMax has been years in the making — but it appears the deal may have been announced too hastily. The New York Times reports.
-
*Office Depot, OfficeMax confirm merger. NEW YORK, Feb 20- U.S. stocks dipped on Wednesday, with energy shares falling as investors found few reasons to buy following a rally that has held major indexes near five-year highs for three weeks. Certainly it sparks concern, "said Michael James, senior trader at Wedbush Morgan in Los Angeles.
-
WASHINGTON/ NEW YORK, Feb 19- Antitrust experts said on Tuesday there were no guarantees that a deal to merge Office Depot Inc, the No. 2 U.S. office supply retailer, with smaller rival OfficeMax Inc would win government approval. The possible combination raises the ghost of a famous antitrust case- the proposed deal to merge Staples with Office Depot.
-
*Google shares hit all-time high. Office Depot Inc, the No. 2 U.S. office supply retailer, and smaller rival OfficeMax Inc are said to be in advanced merger talks.
-
*Office Depot, OfficeMax in merger talks- source. Office Depot Inc surged 9.4 percent to $5.02 after a person familiar with the matter said the No. 2 U.S. office supply retailer was in advanced talks to merge with smaller rival OfficeMax Inc, which jumped more than 20 percent.
-
*Google shares hit all-time high at $804. NEW YORK, Feb 19- Global stock markets rose on Tuesday, with U.S. stocks boosted by merger and acquisition activity, while a pick-up in German economic sentiment supported European stocks.
-
*Office Depot, OfficeMax in merger talks- source. Office Depot Inc surged 18 percent to $5.41 after a person familiar with the matter said the No. 2 U.S. office supply retailer is in advanced talks to merge with smaller rival OfficeMax Inc. A deal could come as early as this week.
-
OfficeMax and Office Depot are near a merger that could be announced this week, reports CNBC's Kayla Tausche.
-
*Google shares hit all-time high at $804. NEW YORK, Feb 19- Global stock markets rose on Tuesday, with U.S. stocks boosted by merger and acquisition activity, while a pick-up in German economic sentiment supported European stocks. Boosting the U.S. market, Google shares rose more than 1 percent to an all-time high of $804.00.
-
*Office Depot, OfficeMax in merger talks- source. Office Depot Inc surged 21.6 percent to $5.58 after a person familiar with the matter said the No. 2 U.S. office supply retailer is in advanced talks to merge with smaller rival OfficeMax Inc. A deal could come as early as this week.
-
The office supply retailers are reportedly on the verge of merging, reports CNBC's Kayla Tausche.
-
*Office Depot, OfficeMax in merger talks- source. NEW YORK, Feb 19- U.S. stocks were poised to open modestly higher on Tuesday after the long holiday weekend, putting the S&P 500 on track to extend its seven-week winning streak on increased M&A activity and before housing market data.
-
Richard Bernstein, Richard Bernstein Advisors CEO, discusses why there are more opportunities in smaller companies.
-
*Office Depot, OfficeMax in merger talks- source. NEW YORK, Feb 19- U.S. stock index futures edged higher on Tuesday, indicating the S&P 500 will build on its seven-week winning streak ahead of data on the housing market. *Economic data on tap includes the National Association of Home Builders/Wells Fargo housing market index for February at 10 a.m..
-
Office supply retailers OfficeMax and Office Depot are in talks for an all-stock deal, reports CNBC's Kayla Tausche.
-
Shares of SCMP Group, the publisher of the South China Morning Post, fell as much as 10 percent in resumed trade on Tuesday after it said it was in talks about the possible acquisition of a group of media companies.
-
*OfficeMax, Office Depot in advanced merger talks- source. *OfficeMax investor wants special dividend. Office Depot has a market capitalization of $1.1 billion while OfficeMax has a market value of $932 million.