New taxes and control on internet to come gov wants more money they almost have collapsed most business with regulations 1o experts say staples out in 10 years.
The FCC is the Federal Communications Commission. They have nothing to do with mergers or buyouts.
Eventually Staples stock will deteriorate. Why? With all the job losses who's going to have enough money to buy from them. Oh wait, they will sell to all the big companies in bulk orders. Oh wait, big companies don't exist anymore because everything is done ONLINE, which leads to MORE people out of work who don't have a pot to #$%$ in.
So who are they going to sell to? Hmm
You can order supplies from walmart and amazon not sure how its the same because those companies use 3rd party carrier wont distribute product so every big company will have to hire someone to put there 2000lb paper orders away new jobs may be available thats a good thing job growth.or wait pay staples drivers to do it at a charge another fee.
Amazon and walmart are chipping away at all business 20 years from now where will people work wont be at a store. Just a thought.
My thinking is Starboard new this way before last summer. Their strategy was to pump all this up for a merger then sell their shares at the top then turn around and short it on the way down.
So their making money on the way up and on the way down.
Like I said, "It's all a game". Starboard won....game over.
You do not even know the difference between the FCC and the SEC.
What a loser!
The Merger of Office Depot and Office Max was approved from The FCC so this tow companies can compete with Giant Staples . Now The FCC shouldn't allow Staples to buy Office Depot and Office Max Because their will be a market MANIPULATION by Staples and then Staples can charge $100 for a box of paper if they want and they will jack up their prices as they please epically for corporate business that orders hundreds of cases of paper every day .
Star group activist want to flip Office Depot and Max so they can fatten their wallet but they careless about the manipulation or those thousands of Office Depot employees that will lose their job and source of living .
Now will be one big whale company " Staples" that can bid and will all government contracts and states contracts and everything will be in their hand ...
I Don't own stocks in either one.
Sentiment: Strong Sell
They are already out business. Haven't turned a profit in years. That's why Starboard jumped in last year then PUMPED this puppy up to DUMP it on the poor informed.
Ya need to read around the finance pages. This will happen and if it hits 11 I think I will sell but, that depends on what way the NEWS is going, not the message board, the news
First of all consumers do shop at both.
It is not the retail side of their business that will stop the deal but the enterprise of the business.