Staples And Office Depot Shares Surge After An Analyst Proposes They Merge (SPLS, ODP)

Credit Suisse thinks Office Depot and Staples should merge. In a note to clients on Tuesday, Gary Balter at Credit Suisse said a merger between Staples and Office Depot, "makes significant financial and operational sense."  In morning trade on Tuesday, shares of both companies were up more than 6%.  In November 2013, Office Depot completed its merger with Office Max, and Balter writes that the FTC's wording in approving this deal implies that a Staples-Office Depot merger would be deemed acce...