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Office Depot, Inc. Message Board

  • casualobserver99 casualobserver99 Dec 11, 2013 12:15 AM Flag

    Now that the HQ decision is out of the way....

    let the synergies begin. All of the decision making data has already been gathered during the prolonged FTC approval process. Next steps will be to finalize the list of conflicting stores and distribution centers which will be closed and then determine the 10-15% of employees who will be offered jobs in sunny Boca Raton. Expect a very aggressive timeline.

    Sentiment: Buy

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    • I agree. It looks pretty methodical atm. Announced new ceo right after merger and then the HQ location and next will be as you say. I expect improvements in numbers sooner then later the way they are moving. This stock appears way under valued given the situation. Expect quite a bit more positive news ahead.

      Sentiment: Buy

 
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