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Starboard builds stakes in Staples, Office Depot, setting up a potential merger

Activist investor Starboard Value looks set to shake up the office-supply market. At the same time, it also increased its holdings of Office Depot to 10% from 8.6%. The industry has been shaken by competition as retail behemoths like Walmart and Amazon.com entered the space, and analysts have commented that further consolidation could benefit the office-supplies retailers. Read More...

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