U.S. Staples talks merger with Office Depot

Staples and Office Depot are in advanced talks to merge according to the Wall Street Journal. The two office supply firms have tried to merge before (in 1997) but the government prevented it. The price and structure of the proposed deal couldn’t be learned and there is no guarantee it will happen, the newspaper reported.  Staples has a market value in U.S. dollars of about $11 billion, while Office Depot has a market value of about $4.1 billion.