Office Depot said on Wednesday it will buy smaller rival OfficeMax in an all-stock deal worth about one-point-two-billion-dollars.
The deal was announced in Office Depot's earnings report.
There are no details on cost savings, staff cuts or store closings.
And, there is no indication if the stores will operate under both brands or use one name.
Some in the industry say the merger is an attempt for the two companies to better compete with rival Staples.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.