Office Depot to Buy Naperville-Based OfficeMax in $1.2 Billion Deal

Naperville-based office supply company to be bought by rival Office Depot.

Office Depot to Buy Naperville-Based OfficeMax in $1.2 Billion Deal

Naperville-based office supply company to be bought by rival Office Depot.

Naperville-based office supply company OfficeMax Inc. is being bought by its larger rival Office Depot in a $1.2 billion all-stock deal, Reuters reports. Get news in your inbox. Sign up for the Patch newsletter. Like Naperville Patch on Facebook. A draft of the deal was accidentally posted on Office Depot's website Wednesday morning, which calls for the exchange of 2.69 Office Depot common shares for each OfficeMax share. "The transaction, which was unanimously approved by the Board of Directors of both companies, will create a stronger, more efficient global provider better able to compete in the rapidly changing office solutions industry," according to a joint press release.  Other details of the merger such as the fate of OfficeMax's …

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Naperville-Based OfficeMax in Talks to Merge With Competitor

Office supply company is in talks to merge with competitor Office Depot, the Wall Street Journal reports.

Naperville-based office supply company OfficeMax Inc. is in talks to merge with competitor Office Depot Inc., the Wall Street Journal reports.  Get news in your inbox. Sign up for the Patch newsletter. Like Naperville Patch on Facebook. While the exact terms aren't currently known, and talks could still fall apart, the deal is expected to be a stock-for-stock transaction, according to the Wall Street Journal. An announcement regarding the deal could come as early as this week.  A merger would give both companies the option to cut costs in terms of the number of store locations and employees, according to the Wall Street Journal. Along with its headquarters in Naperville, OfficeMax has one store location in the city at 790 Royal St. George …

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Collin Czarnecki

4:14 pm on Friday, February 22, 2013

Hi Rachael, Actually, this article was posted on Monday, Feb. 18. The merger was not officially announced until Wednesday, Feb. 20, which we also reported. That article can be found here: http://naperville.patch.com/articles/office-depot-to-buy-naperville-based-officemax-in-1-2-billion-deal Collin   more ›

Fifty Shades of Porn: Mom Talk

What is so fascinating about the "Fifty Shades of Grey" trilogy?

Once the news broke that the Fifty Shades trilogy was being banned from libraries, I was hooked. I got in line to borrow a copy of the first book from a friend. In transit, the paperback made an unplanned detour to another friend. She knocked it out in three days before it finally got to me. The can’t-put-it-down story is addictive. I now understand why it’s being labeled “mommy porn.” It reminds me of an S&M remake of Pretty Woman—business arrangement and all. He’s rich, gorgeous and emotionally unavailable. She’s intelligent and naïve. So who cares how unlikely it is that he can make the 21-year-old virgin orgasm repeatedly with a riding crop. Who cares how unlikely it is to find a 21-year-old virgin. Lady Chatterley had nothing up on E.…

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jaskie1505

12:05 pm on Friday, July 13, 2012

Jan, what are you trying to say. Just speak your mind. Quit beating around the bush LOL Glad someone finally came out and pointed out that what your read and books and or see on TV is an illusion and not what really happens in real life.   more ›

Residents to Cast Historic Wheatland Township Building Vote Tuesday

The space needs committee will make its recommendation and the township board will present its case for a new building before residents vote.

Wheatland Township residents exercising rarely used laws to wrest decision-making power from elected officials -- which could culminate in a vote on a new town hall Tuesday -- is getting to be big news. Township space study committee member Deb Holscher said she's been told the Wall Street Journal may send its Chicago bureau reporter to Plainfield East High School to cover the 7 p.m. meeting. The meeting's also getting big play on the Illinois Republican News Watch Web site, which has posted the article, “A must-attend meeting for Wheatland Township taxpayers.” It describes the gathering as “a historic opportunity to have (taxpayers') voices heard.” Officials are expecting a big crowd, which is why the meeting's being held at the high …

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Margie Bonuchi

7:57 am on Wednesday, August 10, 2011

Mike/Bill, Just so everyone knows, the school district is not a part of any political proceedings. The school buildings are available to be rented for activities and are often used for chruch gatherings and other options. As long as a group meets the criteria and availability, they can rent the facility. No one in the school district or Village of Plainfield is a part of any meeting as a …   more ›

Mom's Eye View

People Like to Sit in Judgement of Others' Parenting

This "idiot wife" doesn't mind the title.

Once a reader described me as an “idiot wife” and Pat as a “workaholic husband” in response to a story I wrote about juggling the activities of our four kids. I was an idiot for having my kids in so many activities and surely my husband must be a workaholic to pay for them all. Our four boys are busy. Usually they are in a sport of some kind and sometimes they have another activity on top of it. For instance, my oldest took Japanese lessons from a neighbor and at the College of DuPage. Pat and I place a high value on helping the boys to uncover their passions and talents, even though it does mean shelling out funds to pay for those activities and driving all over the place to get them there. We feel so strongly about our belief that the …

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Editor's Corner

Find Naperville Patch at Local Starbucks

You can now find Naperville Patch by clicking on the "My Neighborhood" tab as part of the new Starbucks Digital Network.

Many news junkies pair their morning newspaper with a cup of coffee. But we at Naperville Patch know that times are changing. News, rather than being delivered to your doorstep, is all around you. It's on the radio, on TV and most notably for us, online. And not everyone prefers coffee with their news. Some prefer oatmeal, tea, a latte or espresso. That being said, tailoring your morning routine just got a little easier. Naperville Patch can now be accessed at Naperville Starbucks Coffee shops through the new Starbucks Digital Network. The homepage includes portals to several different digital services, like iTunes and The Weather Channel, that may be of interest to Starbucks customers. The site comes up when Starbucks patrons access the …

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