Staples Finally Proposes To Office Depot With $6.3 Billion Merger Deal

Staples Finally Proposes To Office Depot With $6.3 Billion Merger Deal

A day after it was reported that Staples and Office Depot had entered into advanced talks about a merger, it appears one of the companies popped the big question. Staples will buy Office Depot for $6.3 billion in cash and stock in a deal to bring the No. 1 and No. 2 office supply chains together to do battle with big box stores and online retailers. [More]

Walmart Offers Teachers A Discount On School Supplies (Yes, There’s A Catch)

Walmart Offers Teachers A Discount On School Supplies (Yes, There’s A Catch)

Buying school supplies can put a pretty significant dent in one’s pocketbook, especially when you don’t have a lot of expendable income to begin with. For teachers who bear the burden of supplying a classroom full of students, Walmart is offering a new discount – but there’s a catch. [More]