You can't be serious - "Both Staples and Office Depot need this merger to compete with the other office supply stores."
What about the fact that there will be no competition in the Enterprize space.
I think that Depot certainly needs this deal or they are finished but that is no reason for the Feds to approve it.
I am long CYDY. It looks like they have a great future and I have great upside potential on the stock. But something is nagging at me that this is too good to be true.
Where are all the smart people from the street? Why are they not onboard?
If this is a no brainer where are they?
The economically disadvantaged families will have lots of options at the mass market. Drug stores, supermarkets, warehouse clubs etc at very competitive prices.
Large corporations on the other hand will see prices rise.
I still think the deal should be approved.
I agree with all the positive talk. This looks like an amazing opportunity.
I am a novice investor so I am in this name to the tune of 10,000 shares because it looks like a GREAT opportunity.
Common sense has gotten me a long way in life and smoething is nagging at me that this is too good to be true.
Having said that I am long and staying long.
Good luck to all.
I am long.
What I don't get is why the stock is so cheap with the enormous upside potential.
This looks like it could be big. Any ideas how big??
The market agrees with you evidenced by the low price of ODP vs the potential buyout price of about $11.50.
Having said that I still believe that it will be approves but not enough to put my money where my mouth is. I do not own any ODP or SPLS at this time.
If I decide to buy it will probably be ODP before the announcement.
This deal will be approved and will happen in my opinion. If the Feds say no for the 2nd time ODP will not survive.
Once the deal is approved there will be new competition for Staples.
Amazon is going into the B to B space and WB Mason will take a much larger national footprint.
Staples will have stronger competition from Amazon than it ever had from ODP.