{"id":101820,"date":"2015-02-04T09:44:05","date_gmt":"2015-02-04T15:44:05","guid":{"rendered":"http:\/\/www.bismarckcafe.com\/blogs\/?p=101820"},"modified":"2017-04-17T09:21:30","modified_gmt":"2017-04-17T14:21:30","slug":"staples-agrees-to-buy-rival-office-depot-local-impact-unclear","status":"publish","type":"post","link":"https:\/\/www.bismarckcafe.com\/blogs\/101820\/staples-agrees-to-buy-rival-office-depot-local-impact-unclear","title":{"rendered":"Staples Agrees To Buy Rival Office Depot; Local Impact Unclear"},"content":{"rendered":"<div id=\"attachment_2407\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"http:\/\/www.bismarckcafe.com\/blogs\/101820\/staples-agrees-to-buy-rival-office-depot-local-impact-unclear\/biglots-officedepot\" rel=\"attachment wp-att-2407\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2407\" class=\"size-thumbnail wp-image-2407\" src=\"http:\/\/www.bismarckcafe.com\/blogs\/wp-content\/uploads\/2010\/01\/biglots-officedepot-300x225.jpg\" alt=\"Office Depot &amp; Big Lots, Formerly &quot;Best&quot;\" width=\"300\" height=\"225\" \/><\/a><p id=\"caption-attachment-2407\" class=\"wp-caption-text\">Office Depot &amp; Big Lots, Formerly &#8220;Best&#8221;<\/p><\/div>\n<p>In a deal worth $6.3 billion, Staples has <a href=\"http:\/\/money.cnn.com\/2015\/02\/04\/investing\/staples-office-depot\/index.html\" target=\"_blank\">agreed to purchase<\/a> its chief rival, Office Depot, who itself only recently acquired Office Max for $1.2 billion. The deal is subject to regulatory approval, which may be a hurdle, as it would create one giant office\u00a0store powerhouse.<\/p>\n<p>A previous merger attempt between the two companies in 1996 failed.<\/p>\n<p>If approved, it&#8217;s unclear how it would impact existing\u00a0stores, including the Office Depot and Staples stores in Bismarck&#8230; both of which are located within a mile of each other.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a deal worth $6.3 billion, Staples has agreed to purchase its chief rival, Office Depot, who itself only recently acquired Office Max for $1.2 billion. The deal is subject to regulatory approval, which may be a hurdle, as it would create one giant office\u00a0store powerhouse. A previous merger attempt between the two companies in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2476,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[518,2409,216,364],"tags":[253,1063,1869,1860,1064],"class_list":["post-101820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bismarck-news","category-business-news","category-featured","category-home-page","tag-business","tag-home","tag-office-depot","tag-staples","tag-ticker"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/posts\/101820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/comments?post=101820"}],"version-history":[{"count":0,"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/posts\/101820\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/media\/2476"}],"wp:attachment":[{"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/media?parent=101820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/categories?post=101820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/tags?post=101820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}